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The typical gold/silver price suppression conspiracy runs something like: "The Federal Reserve uses bullion banks to run naked shorts..." There are various fig
by aww_dang 6y ago
The typical gold/silver price suppression conspiracy runs something like: "The Federal Reserve uses bullion banks to run naked shorts..."
There are various figures promoting these ideas. I appreciate why central banks would want to suppress the price of precious metals, but that isn't the same as believing it is happening.
That said, silver has run up to around $50 before. Consumers could do worse than picking up a few silver bars or rounds. I don't see this as risky as buying GME at $400 or BTC at $30k-$40k. Governments have stimulated trillions in 2020. 2021 is looking to be similar.
The conspiracy stuff can be interesting if you are into that kind of thing. Although you don't need to accept those narratives to appreciate precious metals.