Post
Topic
Board Economics
Re: Silver/USD is at its highest since 2013
by
stompix
on 26/05/2024, 13:49:13 UTC
Not only silver is at its 10 years high,

But is also 33% lower than 2011...
So basically if you have invested in anything else, forget bitcoin on Nvidia or real estate you would have been way better than holding silver.

The US debt is growing exponentially and the only way to pay that much debt is printing even more debt > hyperinflation

Then why is inflation going down and why if the dollar should die are the currencies of the alternatives like the ruble the rupiah or the rial going down the drain against it? If the $ is going do be evaluated why is it strengthening against others?  Grin

It will be either Weimar Germany or there will be WWIII soon

Germany had to pay its debt in $, Germany couldn't print $, the US does.  Wink