Loading ...I think you’re right about that. Re The huge pent up demand for autos should send the platinum group higher? We don’t know for sure about demand for autos. A car dealer friend won’t bother trading cars much, because everybody wants light duty vans and trucks. Or 4X4 Suvs. Passenger cars have been going out of style around here.
Silver? I think its easier to hold it down by the managers, and maybe a trick optional way to hold Gold down. The haven’t had any luck with that figuring its holding around $1800 for about two years. And lately declared a Tier 1 asset for banks.
Check out the $1800 line: https://finviz.com/futures_charts.ashx?t=GC&p=d1
And since we have all this talk about high inflation, the future is always a surprise, and a massive deflation would not surprise me, because the USA has already HAD massive inflation since 1913 and 1934 and accelerated after the 1971 Gold cut off. A new Chevy was a $1000 in 1950. I declared 2008 as a confirmation of everything in reverse. So 5o plus years of inflation going into reverse would make sense.
In other words how much SMALLER can that idiot fake dollar get? $1 is equal to 4 slices of bread. Maybe 3 slices today. Why have a 3 slice of bread Dollar split up into 100 pennies its a joke. The $1 US Dollar should be the smallest denomination. In other words, the difference between $4 and $5 gasoline is 3 slices of bread. Who the hell CARES about the value of 3 slices of bread? The whole damn gallon of gas is a loaf of bread. A pretty fair trade imo.