Why inflation may be worse than you think it is

[HitRed]

Silver around $80

[jusplay4fun]

10% move today in silver.

https://www.tradingview.com/symbols/OAN ... ghaven.com

The graph at the above link shows the BIG Rise in Silver.

BUT, is it a BUBBLE? Duk has warned about several possible BUBBLES, AI and more, but I am not sure precious metals has received his warning, too.

Gold has a similar graph showing an increase in value, as investors hedge the bets with assets in precious metals:

https://goldprice.org/gold-price-history.html

[HitRed]

Here are my arguments

The largest population in the world (India) imports huge amounts of silver.
The 2nd largest population in the world (China) MUST have silver for production lines. January 1st, China all but banned mined silver exports.
America, the richest country, has declared silver a critical resource. National Debt Clock 38.5 Trillion. The baby boomers are moving from stocks into some % of precious metal as part of their vast portfolios.

That’s just three countries.

[jusplay4fun]

Here are my arguments

The largest population in the world (India) imports huge amounts of silver.
The 2nd largest population in the world (China) MUST have silver for production lines. January 1st, China all but banned mined silver exports.
America, the richest country, has declared silver a critical resource. National Debt Clock 38.5 Trillion. The baby boomers are moving from stocks into some % of precious metal as part of their vast portfolios.

That’s just three countries.

Arguments for what? why prices for both silver and gold increase? Is anyone arguing the point? I certainly am NOT.

One of my KEY questions: IS THIS another economic BUBBLE? Duk raised that issue, and I think it is a valid one.

[HitRed]

https://www.theglobaleconomy.com/rankin ... ion_share/

40% of the world’s population reside in India, China, USA. All three have decided silver is a must have.

——

https://en.wikipedia.org/wiki/List_of_c ... nominal%29

47% of the world’s GDP reside in India, China, USA. All three have decided silver is a must have.

[jusplay4fun]

Thanks, BUT More data to prove the point that I was NOT debating or challenging.

47% of world GDP is rather impressive.