I believe that is exactly what is happening.
Though I would not be surprised to see PM's go much higher still, as the reality that the dollar is no more than paper, slowly settles on the Western world.
An entirely new format of valuation is coming. IMHO companies that have been around for generations will be gone in 18 months, and with them all the money invented in their stocks/bonds. At some level people understand this. Everyone is running around like chickens with their heads cut off trying to prepare for a future that they have no idea wow to prepare for because it's script wasn't written in the Western world and/or according to Western world narratives.
How much does it cost to become a good person? How much do I need to invest to love my neighbor? What's the return on a loaf of warm bread?
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