Thats what I thought, too, but it keeps going. The inflation, plus uncertainty about what Imperium Trumpanum will do next, it scares people. And gold and silver is the only reliable asset left. And you can basically trust Trump to do more stupid things in the remaining 3 years of his term. And he might even demand a third term. He doesn't give a shit about constitution and laws. Even if it means starting a war or stuff like that. Thats why I said he is good for gold and silver prices. A correction? Well, perhaps some day.
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This is very interesting Arb!
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Yes, truelly amazing. I bought my first silver for US$ 15/oz - almost exactly 10 years ago.
Also interesting: the change in the gold-silver ratio now.
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I dunno, we saw a 13% correction months ago, we’ll see more. But direction is up next years for sure! Just won’t be a strait line for years strait
Hard to tell, many factors can play into this. But I dont see it dropping back to old figures. Simply because of the inflation, that wont go away again.