Post
Topic
Board Economics
Re: Silver is loosing ground due to rise of cryptocurrencies
by
Tarz
on 29/07/2018, 12:23:15 UTC
and these precious stones are now getting cost stabilized.


Lets call it by name - migration of capitals on a large scale. Literally, fiat mass flowing out of physically perceived matter such as metals, marbles, diamonds etc, that have been deemed stored of value due to their relative industrial scarcity, to digital surrogates. And now that physical staff is being [artificiality] "cost stabilized" to reduce the supply shock. Well this is evolution. Something new is always determined to devalue something old.