>No Dollar For You! Edition
tyb
If I weren't so confident silver is about to triple-digit-exponentially explode (and the fact that it's real and doesn't rely on any particular govt's fiat stability/have counter-party risk), I think this would literally be my second choice. Dollars about to flood back here and be replaced with Rubles, gold, silver, anything of value you can hold/touch with your hand in your house or ''on your' land.
https://www.marketwatch.com/investing/Currency/USDRUB
Price coming back down is good for Ruble, as it means (on this USDRUB chart) that it requires fewer Rubles to buy a Dollar.
>>15962233 (pb)
>not going anywhere near that level as long as this is allowed
Agreed, but you can only con people into buying and "owning" a fake version of what they think they own for so long. Physical silver price has already broken away from the spot. ~$25 spot and Am Eagle's are $37 or more. Maybe Putin will tie silver to something as well, go bimetalic standard. I don't know the exact mechanism by which this will be achieved, but I've levied more than a guess that it will. You couldn't get away with this with most commodities, because no one's going to buy a paper substitute of gasoline to put in their car or derivative wheat to cook breakfast with. All it takes is the right-sized entity to demand the real thing in sufficient quantity and the phony COMEX Dies overnight. Hell, from what I can tell, if one super wealthy football player were allowed to allocate all of his net worth to silver, and raid the existing stash, he could practically crash the physical supply market by himself. This aspect of the old guard is narrowly hanging by what can barely even be called a thread at this point. I can't imagine it's more than days/weeks before it breaks, and breaks huge.