⭐ Merited by NotFuzzyWarm (1)
You are right, silver performed very badly if you bought it in 2011. However that's also cherry picking because not everybody bought silver from $50. Some people bought it at $15 too. These people made serious profits.
There are indeed many other assets that performed a lot better than silver.
There are indeed many other assets that performed a lot better than silver.
When those assets that performed better are copper, aluminium and iron then sorry but the title of precious metal seems a bit of delusion!
Inflation is going down only temporarily. It won't be permanent.
Of course of course, and finally, in 2025 we will have the crisis that should have been in 214,2015,2016..
But it will for sure happen next year or do we have to wait again for 2035? Or 2045?
but China, Russia, Saudi Arabia and the other countries that have enormous commodity reserves are slowly waking up from the illusion: The USD is crap.
Good, tell me the price of bitcoin in USD, yuan, ruble and riyals without googling.
Waking up my ass, half of the board here thinks the currency of China is the yen and you think they dislike dollars.
If there will be another world war, the US has to win it to erase their debts. That's the one of the exits for the US & USD as I explained above. (the other is hyperinflation) If they lose, they'll pay their debts in RUB or CNY probably. Guess who prints those.
When you say rub you are talking about that toilet paper that got devalued three times and that has its CB with a rate 3 times higher than the US?
The same superpower that is in a special operation for 3 years and half a million soldiers lost?
