• suxen_tsihcrana@anarchist.nexus
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    2 hours ago

    I agree about real estate and things being generally in different stages of FUBAR globally.

    What is the argument for precious metals being overvalued? (Beyond just “number too high”)

    EDIT: I promise I’m not one of those psycho goldbugs - just curious and largely ignorant.

    Ok, I maybe am considering buying old jewelry from yard sales and refining it 😂. What I’m thinking is, though, the fact that precious metals still can be found at estate sales and even Goodwill suggests to me that we’re nowhere close to the frenzy of a real bubble. People understand the pure is worth $$$, but other forms of it still get dumped off like it’s worth less than nothing.

    Or do I have things backwards? Should market prices be closer to their goodwill/yard sale counterparts?