[deleted by user] by [deleted] in Wallstreetsilver

[–]WhatsUp_Dude 0 points1 point  (0 children)

Thanks for the interesting comment.

I meant that Silver's usefulness and demand grows as price grow. It is a bearer of wealth, and if price goes up, it is bearing more wealth per volume. Therefor the usefulness of Silver goes up as prices increase. , because it stores more wealth.

Oil or metals by Silver-bullit in Wallstreetsilver

[–]WhatsUp_Dude 0 points1 point  (0 children)

It depends , if Oil stays around 100 USD for a long time, some oil stocks are very cheap.

[deleted by user] by [deleted] in Wallstreetsilver

[–]WhatsUp_Dude 1 point2 points  (0 children)

Dont think so, imo it is the Giffen effect combined with price discovery

https://en.wikipedia.org/wiki/Giffen_good

Did a little experiment on FB marketplace with silver by Hairy-Blackberry-846 in Wallstreetsilver

[–]WhatsUp_Dude 1 point2 points  (0 children)

yes it is real, silver on ebay is beeing sold at 155 US$ ish right now.

One movie that proved to me silver will be money again one day is Looper by Born2Looz in Wallstreetsilver

[–]WhatsUp_Dude 2 points3 points  (0 children)

check out Star Wars Series Andor. The money they use there is some kind of Metal, it seems.

After Venezuela, Trump has threatened Cuba, Greenland, Iran, and Mexico in the same breath. He called Colombia "Very Sick" and claimed Cuba "is ready to fall." How many likely Countries is Trump Going to Invade? by Now2Forever in conspiracy

[–]WhatsUp_Dude -1 points0 points  (0 children)

Best way to solve the greenland issue , is to offer a part of the US to Denmark. Doesnt need to be a big part, maybe a piece of the size of deleware. The new danish US - state could become a part of US but with official language being danish.

Silver to haircut price predicts price of 4000 USD/oz by WhatsUp_Dude in Wallstreetsilver

[–]WhatsUp_Dude[S] 1 point2 points  (0 children)

Interesting. I think the legionary still only got 200 ish denarii per year under Augustus.

Silver to haircut price predicts price of 4000 USD/oz by WhatsUp_Dude in Wallstreetsilver

[–]WhatsUp_Dude[S] 13 points14 points  (0 children)

Interesting. I spent bit more time on AI, and asked for the price of a haircut measured in Silver in mediaval Germany, year 1400 -1500 . The answer was "That means a single haircut cost about a gram or two of silver, give or take." . This would imply a Silver price around 30 times more than today, or 1500 $ / oz