Silver just broke $100 and gold is nearing $5k per ounce!! 💥 💥 🚀
(media.greatawakening.win)
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How is this good? Inflation causes the root of money (precious metals) to be worth less.
Price goes up, and the value goes down. Fiat currency needs to die.
This is the path to a trillion-dollar bill for Zimbabwe.
You have it totally backwards.
Our Federal Reserve paper fiat "money" is backed by vapor, not gold or silver.
As fiat rapidly becomes increasingly worthless, the price of precious metals always goes UP, not down, as it takes more and more paper fiat to buy it.
That's why Gold is known as a store of value. No matter what happens Gold will always be worth something.
Silver has a huge industrial demand and for the last five years mining has not kept up with demand.
Paper is all worthless when inflation erodes its value every day you hold it, and your return on that paper doesn't keep up.