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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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[–] • 1 pt

It's interesting that many of the uses for gold are modern discoveries- 2000 years ago, gold wasn't that useful. Makes bad weapons/armor/tools because it's so heavy and soft... but boy, does it look sharp!

[–] • 1 pt

Yup. Also plenty of modern things use resources that weren't even valuable before. Oil for example.