Here’s an interesting question, which is on point in connection with Peter Schiff:
What’s up with the gold and silver markets? Why aren’t they zooming up with this inflation? (And it’s not like bitcoin has replaced them as an inflation hedge — it’s not going up either.)
And why are 10 yr rates below the rate of inflation. There are some inflation indicators curiously missing
“What’s up with the gold and silver markets?”
Short answer—paper gold and paper silver.
The markets are a total joke—multiple claims on the same asset.
If you could sell your house to twenty buyers at the same time the price would not go up either.
;-)