Commodities by themselves are not deflationary! They are dug out of the earth, and that both needs technology and people! The demand for gold and silver is higher, it becomes even higher when there is an industrial application to it.
Along with inflation, it cost more and more to refine and dig out Silver/Gold! it cost more for machinery and people. Is Silver about to break out, this will be the 3rd time it will hit resistance, and this breaks then all the algo's will follow and drive it higher and higher.
Its been a very long time since we had a commodity super cycle.
Along with inflation, it cost more and more to refine and dig out Silver/Gold! it cost more for machinery and people. Is Silver about to break out, this will be the 3rd time it will hit resistance, and this breaks then all the algo's will follow and drive it higher and higher.
Its been a very long time since we had a commodity super cycle.