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gold & silver prices


               
2022 Oct 16, 12:14pm   8,964 views  126 comments

by Hircus   follow (1)  

Why are gold & silver prices trending down this past half year? My simplistic understanding makes me think their value should rise during times of inflation and uncertainty. Maybe they spiked at the begginning of the year due to the war, and fears have allayed since then?



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123   HeadSet   2025 Dec 9, 6:27pm  

Onvacation says

Silver gets used.

One of the biggest uses of silver was film photography. The introduction of digital cameras did affect silver prices for a while.
124   Patrick   2025 Dec 9, 9:17pm  

The only certainty is that the dollar will go to zero because the Federal Reserve exists.

This means that silver will go to infinity in dollar terms. But silver will still be worth about the same it always was worth. An ounce of silver will buy a meal in a decent restaurant.

It's an excellent store of value. Doesn't really go up or down. That's why we should use it for money once again.
125   AD   2025 Dec 9, 9:53pm  



126   AD   2025 Dec 9, 9:53pm  

yet, AI states this


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