Thread
With silver down almost 35% on the day, I have thoughts. We're forced to play this fiat musical chairs just to try to maintain our purchasing power. We're ALL forced to. Which means you better know what you're investing in otherwise you're chasing the latest pumping turd at the top of a parabola like every other clown when you would have been better off losing 10% to inflation per year instead. Maybe boomer money recovers immediately, maybe it takes a decade. You might need to hold what you own a lot longer than you think so don't hold a turd.
Replies (3)
I just think of the the Weimar AU/Mark chart and then realize this reset is going to be 100x more insane because it’s at least 100x more complicated
So many people with a trading account all chasing the same thing. Definitely amplified this time around.
Last time in Weimar it was paper vs gold and few other gold backed currencies on the periphery.
Now it’s bitcoin, gold, other PMs, treasuries, hundreds of fiats, stable coins and a bunch of shitcoins in there as pure noise. Add in global comms and it’s an unbelievable slurry of chaos.
