Why Are Silver & Gold Prices Rising? Economic Fear or Just Hype?

[Somoilwampas]

Silver & Gold.
What is the talk about it?
Is the hype due to global economic uncertainty?
Does that bring value to precious metals?
Anyone have first hand experience?
I am interested to learn.

 

[witchserawren]

If it’s a long term hold you’ll never fail with precious metals

 

[June]

Silver supply is falling short. Every year, the gap grows. And it looks like that'll keep happening. Checked the charts, too. The yearly silver chart shows a cup and handle forming.

 

[CeleryMailman1012]

Gold prices go up mainly because more money is being printed. Buying gold doesn't really make you rich it just helps you keep pace with inflation.

 

[BrokenMaraVenom]

Fiat currency, the money in our bank account it’s becoming worthless.

 

[frostforg3]

check out the silver to gold ratio, it's crazy low rn, so there's gotta be some huge move coming. btw, on avg, silver's been around 55 oz to 1 oz of gold, and it's over 80 atm. tbh, imo, totally worth the risk every single day

 

[chaos_drifter90]

Silver to 500 an ounce AUD over the next 10 years

 

[Cybrox99]

Splitting 50% into gold and 50% into digital gold is a balanced strategy. This allocation protects purchasing power while capturing significant upside. It is a prudent approach for the next decade.

 

[FrozenInfinity7]

There's growing concern about the US economy, with serious debt issues raising questions over the dollar's long term value. Foreign central banks are currently buying gold at record levels to diversify away from the dollar. As you mentioned, global uncertainty, stagflation, wars, and trade disputes are also factors.

I believe a fair value for gold is around USD $4,500 per ounce.

 

[PixelRift]

Silver is now a critical mineral. Gold remains savings. The dollar is being aggressively debased.

 

[starlighter_]

My heartfelt advice is to steer clear of CoinSpot for Silver Standard (AGS). It's a cryptocurrency with a direct link to silver. Right now, they'll hit you with a spread of about 7% when you sell. On top of that, there's a 1% processing fee. Honestly, it feels like you have to make nearly 8% just to come out even.

 

[QuantumOtter]

Silver isn't the main source of value here. The issue is fiat currency weakening. Purchasing power is declining. Savers are shifting funds into more stable, less liquid assets.