Loading ...I actually started picking up silver @ $5, so let’s say that silver is up 300% since 01′
I doubt silver has even kept up with inflation. PM’s, especially silver, have simply underperformed almost every other asset besides the USD. Same could be said about oil I suppose, although oil was what $12-15 a barrel back then? The difference is that the oil company stocks actually go up.
I see shitcoin is on the move again, 20% in two days. I sure hope the BRICS countries don’t back with crypto, we are so screwed if they do. Why on earth would Bitcoin all of a sudden rally. Who knows what?
It’s also clear that the USD is meaningless to the PM price.
I hope the Chinese are able to disrupt the paper markets. This is beyond ridiculous.
We could have bought almost any other asset and been up 10-20x. Blue chip stocks like MSFT, GOOG, geez, look at the price of Chipotle. The biggest lie that I hear all day long on Newsmax is that gold will protect us. Yes, it won’t go to zero, but plenty of the miners have.