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Price Warnings Thread - Price Changes Which You Can Expect

Discussion in 'The Main Board' started by Atlas, Aug 5, 2019.

  1. hypnos

    hypnos Moderator Staff Member

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    I think if crypto is adopted on a large scale that it will push demand for PMs. I think most people are probably very worried about the fallout from that possible outcome.
     
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  2. twp

    twp Search with DuckDuckGo.com Staff Member

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    If it is government controlled cryptos, which they certainly want to do, then we have lost the privacy aspect. With no backing (like PMs), it remains a gamble.

    With so many options in 'private' crypto vaults, I'm not going to attempt to bet on which one(s) will prove viable. I'll stick to PMs with only physical holdings (in my personal possession).
     
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  3. twp

    twp Search with DuckDuckGo.com Staff Member

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    To return to the thread topic, I'm seeing more warnings about food commodities being in short supply. These include Pork, sugar and grains.

    I still think that the warehouses and silos are being emptied to hold the price down and prevent panic. That can only continue for a limited time, making the eventual price spike even worse than it should be.

    Watch meat prices which are dependent on grain (feed) prices.
     
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  4. hypnos

    hypnos Moderator Staff Member

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    Not sure what was off topic... it effects the market and you were referring to PMs weren't you?
     
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  5. hypnos

    hypnos Moderator Staff Member

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    Wisconsin is seeing some outbreaks of some type of food contamination, I don't recall if it is salmonella or what it is exactly. That could effect commodity prices and shortages of those commodities also.
     
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  6. twp

    twp Search with DuckDuckGo.com Staff Member

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    Not off topic, just not what I was talking about wrt price changes.
     
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  7. old guy

    old guy Active Member

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    Prices are rising. Food shortages happening.
     
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