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And of course there's a war with Russia, which might try to destabilize the western economies and monetary system if that's possible.

Shouldn't the prices for those commodities be sky-high because everyone tries to hedge against inflation as well as the looming monetary crisis? Why isn't that the case?

And of course there's a war with Russia, which might try to destabilize the western economies and monetary system if that's possible. Shouldn't the prices for those commodities be sky-high because everyone tries to hedge against inflation as well as the looming monetary crisis? Why isn't that the case?

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[–] • 3 pts

True story, I knew an old guy getting evicted from his home, he owed 40k and medical bills hit...

And he literally had 300k in silver on his kitchen table.

He, his family... I.... Looked for a silver broker / buyer for almost a month and while we found a few that would pay a fair price for some of the silver, we couldn't put together any deals that made sense.

He ended up losing the 120k house that he had 80k into... Because he wouldn't take 40k for 300k of silver.

Shit is only worth what people will pay for it when you need to cash out.

[–] • 1 pt

You guys don't have bullion exchanges in your country? That is so weird to me.