[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.30183942 [View]
File: 338 KB, 577x386, eKHuIngCu.png [View same] [iqdb] [saucenao] [google]
30183942

>>30182077
>thus limiting silver's value to historical nostalgia, jewelry and industrial uses.
Post fiat collapse silver will be in even higher demand as a stable store of value, not as stable as gold but easier to buy. And in the depression we'll likely experience I'd imagine few would be able to afford gold.
I'd also argue we're going to see coins make a comeback. The Japanese prefer cash for a variety of reasons that I think will soon be very relevant in the rest of the world. It helps small businesses, feels safe, it's tangible, works without electricity, and coins in particular are seen as a very satisfying way to spend money. All of these factors would be amplified with real silver coins, while to me gold just seems too expensive to use in the same way.

Navigation
View posts[+24][+48][+96]