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by repelsteeltje 135 days ago
Was thinking the same, but why would everyone be more interested in gold an silver in a couple of months than they are right now? Sure it beats holding dollars of stocks.

But, keeping both feet on the ground, I'm tempted to think that if the economy collapses I'd not be very interested in buying precious metals. I'd be looking for food, a roof to live under and safety.
1 comments
Noaidi 135 days ago
You can invest in silver mining stocks, and be concerned about food at the same time. One is for long-term survival. The other is for short term survival. You can think of things like toilet paper and razors as bartering tools or actual new money, and the golden silver investments as objection of the current money you have right now.

My grandfather lives in a great depression in Manhattan. He told me some crazy stories, but you know what most people made it through. I think this time our system is more fragile, but I have no doubt that human survival is much stronger than me think as well as human socialism.

For instance, I am homeless living with schizoaffective disorder and I’m not worried so why should you be?

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repelsteeltje 134 days ago
Coincidentally: Silver plunges 30% in worst day since 1980

https://www.cnbc.com/2026/01/30/silver-gold-fall-price-usd-d...

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Noaidi 134 days ago
Where was the news when silver was going up and having the best days it’s had since 1981?

On January 26, 2026, silver experienced its largest one-day jump in 45 years, with front-month futures soaring by 14%. Spot silver prices surged to over $109 per ounce that day, driven by heightened safe-haven demand and industrial usage. The rally continued to push silver prices toward $120 by January 29, 2026.

And regardless, silver is still at an all-time high.

When you start saying that the news is biased against certain commodities or equities, you’ll start to see how the game is played. This is a tactic of JP Morgan.

Volatility is expected. Always remember that. Volatility is expected in fragile economies.

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repelsteeltje 134 days ago
Anyway, for now I'm primarily concerned with paying a debt for what I need (housing). While worrying somewhat about pension, I'm kind of happy I'm not too deep into where to put excess capital. First World problems.

IMO Paying your debt always seems prudent - whether we'll see huge inflation or even deflation - when you can live in the thing you're paying for.

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Noaidi 134 days ago
You should be like me! Homeless, living out of a minivan! I’m ready for anything. :)
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