The more and more the price of gold goes up, the harder it will be for the average person to be able to buy just 1 oz
Think of bitcoin, there was a time you could buy bitcoin for less than $600 now the average person is priced out, never to have just 1 bitcoin
Do I think gold will shoot up like that in the next 5-10 years? No, I do not. But would I be surprised if it did shoot up to $20,000 an oz? No, I wouldn’t be surprised
Something like bitcoin, its a number on a screen, which research has shown can mess with your mind and make you feel like it wasn’t much
$100 on a screen vs $100,000 on the screen compared to a $100 bill vs $100,000 in $100 bills. All that cash has weight, has gravity… you FEEL it…
This makes gold interesting, at least for me… how a little $2000 gold coin could be worth $5,000…$10,000… $20,000 one day can boggle the mind a bit. But with the way fiat currencies have been going why not.
Unlike silver, gold is light. I know I know, 1 oz of gold weighs as much as 1 oz of silver.
But, that silver actually takes up more space, and when you start saving in metals, the weight of that silver quickly goes up.
For a lot of people $100,000 is a lot of money. But for people with a lot of money, that $100,000 is peanuts
$100,000 worth of silver is quite the weight, leave it in the comments, how much weight is $100,000 USD worth of silver right now as you read this
But with gold, you can easily put $100,000 worth of gold in your pocket
Imagine the new iPhone 16 Pro Max, but multiply the weight a few times, that’ll be your gold.
So you can imagine how easy it could be to sneak around a bunch of wealth through gold
That is why gold jewelry is thing, you can just wear your wealth and move with it.
Imagine hive goes up sooooo much that the #silvergoldstackers can vote for each other large enough to afford 1/10oz of gold each per day hahaha that would be huge, imagine the drain on the metals market with that many stackers buying up all the gold :)
That would surely bring a lot of attention to hive