
Economic illiteracy, level 10.
"Wow, prices went higher than ever and demand fell off. How utterly unexpected!"

It's Witchcraft.DBTrek wrote: Wed Jun 23, 2021 11:32 am
Economic illiteracy, level 10.
"Wow, prices went higher than ever and demand fell off. How utterly unexpected!"
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Yeah, another hedge fund blew up last week. And a third is on the brink, but I’m too lazy to find the article.C-Mag wrote: Thu Jun 24, 2021 1:45 pm Some sources are saying the Ape Army and Stonk Investors still have a pinch on the Hedgies, and the Hedgies are tyring to get the Ape Army to sell.
Any updates on this story ?
Metals are not meant for short term investments, it is meant for SHTF investments.C-Mag wrote: Thu Jul 08, 2021 12:20 pm Silver price now under $26, down 6% in the last month
https://silverprice.org/
Gold back down to $1800 after a peak of $1900
Both gold and silver up over 500% in the last 20 years. Investors earned an average of 4.67% on mutual funds over the last 20 years. This is 3.52% less than the average S&P 500 index return. (Source: https://www.creditdonkey.com/average-mu ... eturn.html)
Don't invest in metals