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US Politics 5d

___joker__

 I don’t feel so good, Mr.Stark 🥴
7 upvotes, 7 comments. Sidechat image post by ___joker__ in US Politics. "I don’t feel so good, Mr.Stark 🥴"
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7
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Anonymous 5d

this is partly due to the huge silver reserves running out for the first time in a long long time, and supply has not meet demand to have surplus and replenish those reserves. so now silver is in demand by manufacturing as well as a protection against economic issues

upvote 6 downvote
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Anonymous 5d

Brb stealing some of my parents’ silver coins

upvote 2 downvote
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Anonymous 5d

Mannnn if it’s true that the banks are shorting silver, we’re about to have some fun. And then not much fun 💀

upvote 1 downvote
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Anonymous 5d

Tbf adjusted for inflation, silver reaching $50/oz in 1981 was something to the tune of $140-160 today. Silver to Gold ratio was also 20:1 at one point and we’re still a far cry away from that

upvote 1 downvote
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Anonymous replying to -> #1 5d

All 3 metals are up. Silver, Gold, and Platinum. Oil is down. It’s everything combined together

upvote 1 downvote
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Anonymous replying to -> ___joker__ 5d

im not denying that people are scared, but silver took many many many years to get to 50, which happened this year, and very suddenly hit 70. its supply/demand but now demand has increased because of investor weariness in addition to manufacturing's preexisting demand. gold? people are scared, and i cant really speak on platinum but i cant imagine its much different

upvote 8 downvote
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Anonymous replying to -> #4 5d

Gold futures doubled in a year 😐

upvote 1 downvote