Posted on 06/12/2025 9:10:45 AM PDT by delta7
Investors are pouring into silver and platinum as they seek "gold alternatives" and hedges against the U.S. dollar, sending prices for both metals soaring.
With the U.S. dollar's status as a safe haven for global capital under threat, gold has enjoyed a historic rally, surging 25% since the beginning of the year as investors use it as a hedge against uncertainty.
However, amid concerns that gold may now be overvalued, other precious metals such as silver and platinum are starting to catch up. Silver prices have surged to a 13-year high, and platinum prices are at their highest levels in four years, with both metals up more than 10 per cent this month.
"Gold is the preferred dollar hedge, and this is the next iteration of that trade," said Nicky Shiels, analyst at MKS Pamp, a bullion refiner. "Gold has almost doubled" in the last two years "and it is the 'what's next?' mentality."
Shiels said concerns about excessive U.S. government borrowing were pushing investors to seek alternatives to the dollar. ...
https://goldprice.org/
Been loading the boat since the scamdemic, and on dips along the way. Let ‘er rip!
"Is Gold Peaking, or Just Warming up?"
Nervous investors?
Silver and platinum prices soar as investors seek 'gold alternatives'. (6.12.25)
Post 3 wrong thread.
It takes money to make money unless your very smart guess I wasn’t blessed with it.
Gold is about preserving your wealth. Most can afford Gold fractionals, and Silver ounces. All the paper currencies in history ( 4,000) have eventually went to zero….that said, you must know when to hold em, know when to fold em.
Even the Assyrians and Babylonians knew about “ cycles”.
The Chinese made history with paper currencies it’s still in use.
Yeah, our silver stocks have been going up nicely over the past few days. Actually, just about all our mining stocks have seen a nice increase over the past week (on top of the nice rise since the first of the year). It’s good to see.
My grandchildren will hopefully be able to say they made their fortune “in mining”. But they don’t get it until they are old enough for their brains to have developed. No windfall to spend on wine, women, and song at age 18. LOL!
Cancelled, withdrawn, replaced new devalued paper currency…..over and over, and over again.
Paper currency never has or will go away.
Paper currency never has or will go away.
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You are correct, history shows us that 4,000 paper currencies have been around….all, recalled, replaced, reprinted with many more zeros added….all eventually failing.
That said, Biblical prophecy shows us it will go away….Cashless systems , both private and Sovereign are already here.
Cashless systems are few compared to cash systems they are often tapped or drained not a safe way to go billions are stolen from them it’s a money maker for thieves.
Ever try to buy something from a private party with a credit card NO SALE NO BAGINING.
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