I guess I’ll have to thank the Biden bunch for creating enough inflation to make me convert all of my spare cash into gold and silver. I’ll just keep moving my range bars up and wait for the next market correction. Woo hoo!
Wait until “they” pass another budget with a trillion dollar deficit. Tariffs and growth ain’t making up for that.
Gold and Silver will go nuts.
“...to make me convert all of my spare cash into gold and silver.”
Not much of an investment. Based on market conditions in January 2026, where the spot price of gold recently crossed $5,000 per ounce, selling $5,000 worth of gold (based on its raw, 24K melt value) will generally net you between $3,500 and $4,500 (70%–90%) from reputable dealers.
Silver is a little better. Based on recent 2026 market trends, you can generally expect to sell $5,000 worth of silver (spot value) for approximately $4,250 to $4,750, representing a 10%–15% spread below the spot price. Reputable dealers usually pay 85%–95% of the spot price, depending on the form (bars vs. coins) and market demand.
It changes it from an investment to an expense.
wy69
I've got some metals but, in general, when their prices goes up it's really the value of the dollar going down. It's good to protect one's spending power from inflation, but it's far better to be an investor in a healthy, capitalist economy that is generating new wealth.
Never in its 241 years of history has the US dollar has fallen 250% against silver and 83% against gold in under one year.....under Trump. Also remember the largest financial crisis in history occurred , under Trumps last term. Just sayin.
That said, Biden was a senile, incompetent corrupted old man.