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> The question I'm pondering is, is the value of gold/silver skyrocketing, or is the real tangible value of the USD crashing? A strong decline in the value of
by topspin 6y ago
> The question I'm pondering is, is the value of gold/silver skyrocketing, or is the real tangible value of the USD crashing?
A strong decline in the value of USD would be reflected in the prices of all commodities and their is no general commodity price inflation at the moment; the gold and silver price increases are an outlier. The price of gold and silver is increasing because the demand for gold and silver is increasing.
- Humphrey 6y agoThat's a good observation! While not a commodity, I'd just add that where I live (Australia) the price of housing has also been sky rocketing the past few years.