pssst! On a percentage basis, my supply of LEAD has increased in value more than gold over the past ten years.
Exactly my thought, and the lead will help keep the gold.
Lead has increased in price because there isn’t a 100 to 1 supply of fake lead being offered/brought on the open market.
In the same way: there isn’t a 100 to 1 supply of fake buildings or food or gas etc being traded to clueless traders.
Gold and silver are *heavily* price-suppressed in order to protect the worthless treasury note. The price is suppressed by the issuance of enormous amounts of ‘synthetic’ or ‘paper’ precious metals.
And that was 2 years ago. By now 100 to 1 is a low estimate.
(Which is not to say that the prices of Gold and Silver are going to rise 100x higher in todays dollars. But 5x - definitely.)
In the late 90s I was into FALs, so needed 7.62x51 to feed it. You could get Austrian Hirtenberger NATO spec, Boxer primed, for $175/1000 round case. And they were awesome cases, wooden crates holding 5 x 200 round battle packs of super heavy rubbery plastic. 10 x 20 round boxes inside those.
Anyway, compare that to prices today. I wish I’d put 6 figures into ammo investment.
“pssst! On a percentage basis, my supply of LEAD has increased in value more than gold over the past ten years.”
Ab-su-pozi-tootly
Crappy investment, for many decades. “But it’s gonna turn around this time!” Riiiight . . .
Gold and Silver are good for some things, but not for others.
Can’t eat it. Hard to keep safe. Hard to move. Tough to sell at a good price when you need to.
But look on the brite side, . . .
for just 30 pieces, you can get somebody crucified.