I think something was artificially suppressing the gold market for the past decade or two. People have talked about it. I don't think when we're in a situation where people are talking about the collapse of the dollar that the mechanisms to suppress the gold market work anymore. I think the same things happening with bitcoin. I think anything that has verifiable scarcity it's going to start going up in value against the dollar.
The real question is are these things going up in value against other currencies or is this just an indication of the collapse of the dollar.
Crackinjokes 0 points 7 months ago
I think something was artificially suppressing the gold market for the past decade or two. People have talked about it. I don't think when we're in a situation where people are talking about the collapse of the dollar that the mechanisms to suppress the gold market work anymore. I think the same things happening with bitcoin. I think anything that has verifiable scarcity it's going to start going up in value against the dollar.
The real question is are these things going up in value against other currencies or is this just an indication of the collapse of the dollar.