gold & silver prices
2022 Oct 16, 12:14pm 9,738 views 138 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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128
Onvacation
2025 Dec 11, 5:14am
Onvacation
2025 Dec 11, 5:14am
HeadSet says
He was curling it like a dumbbell. Putin's a beast.
Silver went over $62 an ounce. Another all time high price
A gold bar that size would be way to heavy to hold so casually.
He was curling it like a dumbbell. Putin's a beast.
Silver went over $62 an ounce. Another all time high price
131
AD
2025 Dec 11, 11:04am
AD
2025 Dec 11, 11:04am
Misc says
Yes, and silver has only increased about 2% a year since its last all time in 2011 and about 0.5% annually since 1980's all time high :-/
Its about inventory and how productive the silver mines are, and demand for silver such as for solar panels.
Has to hit about $150 to exceed its inflation adjusted all time high.
Yes, and silver has only increased about 2% a year since its last all time in 2011 and about 0.5% annually since 1980's all time high :-/
Its about inventory and how productive the silver mines are, and demand for silver such as for solar panels.
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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