Idk silver seems like a decent candidate, no?
Login to reply
Replies (2)
I prefer gold, but having some silver wouldn't hurt.
I mostly prefer gold because of the central bank bid and it being more convenient for me to buy where I live (silver has VAT, gold doesn't).
I can't be sure why silver has run as much as it has so I wouldn't ape at these prices, but probably worth to get some once they pull liquidity and things go back to normal.
I like gold because I am not convinced that the official narrative about gold's inflation rate is true.
My hypothesis is that Gold's true supply inflation (new metal entering freely tradable float) is materially lower than the "official" 1.5โ2.5% headline you see from industry yearbooks.
The gap is classification games + off-market absorption + paper overlays that make supply look fatter and price look tamer than the underlying physical reality.
Once gold starts running, you see all types of news about Elon Musk mining gold on asteroids, people finding trillions of tonnes in caves, shipwrecks and all sorts of other bullshit ๐
Big agree, fud about new supply always seems to come when its ripping
I'm not buying at these prices but certainly not selling either
We've accepted a bit of silver for product over the years, so as a currency I've seen that value first hand
I recently had a small amount of pre-1900 gold handed down- originally from my great great grandfather. Its nice to know nobody in our line handed it over to the govt in 1933 ๐