gold & silver prices
2022 Oct 16, 12:14pm 10,010 views 140 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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135
Patrick
2025 Dec 16, 9:31pm
Patrick
2025 Dec 16, 9:31pm
FreeAmericanDOP says
True, you give up dividends and interest, but you get protection from inflation.
It's good for holding value, unlike the US dollar.
... and pays no dividends!
True, you give up dividends and interest, but you get protection from inflation.
It's good for holding value, unlike the US dollar.
136
Patrick
2025 Dec 16, 9:33pm
Patrick
2025 Dec 16, 9:33pm
HeadSet says
perplexity.ai:
A gold bar that size would be way to heavy to hold so casually.
perplexity.ai:
Central banks and large bullion dealers typically hold “Good Delivery” gold bars, most commonly around 400 troy ounces (about 12.4–12.5 kg / 27.3–27.5 lb).
137
HeadSet
2025 Dec 17, 7:25pm
HeadSet
2025 Dec 17, 7:25pm
Patrick says
True, but that standard size is about 7 inches log. That bar looks much larger than that, unless Putin has really small hands.
Central banks and large bullion dealers typically hold “Good Delivery” gold bars, most commonly around 400 troy ounces (about 12.4–12.5 kg / 27.3–27.5 lb).
True, but that standard size is about 7 inches log. That bar looks much larger than that, unless Putin has really small hands.
138
Patrick
2025 Dec 17, 7:26pm
Patrick
2025 Dec 17, 7:26pm
I read that the standard bars are sometimes 10 inches long, but same weight.
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