Market cap and realized losses are completely different things. Reporting a change in market cap as a loss is misleading imo.
This dip might drive some volatility for a bit, but gold and silver are still at crazy high valuation. It isn’t likely to affect you unless you’ve been speculatively buying precious metals and panic sold.
Market cap and realized losses are completely different things. Reporting a change in market cap as a loss is misleading imo.
This dip might drive some volatility for a bit, but gold and silver are still at crazy high valuation. It isn’t likely to affect you unless you’ve been speculatively buying precious metals and panic sold.
Also, gold doesn’t have a market cap. It’s literally impossible to measure how much there is.
Hell, there are asteroids that have more than we do.
Yeah, ours came from asteroids from what I have heard
We’re all stardust and so is gold.
So I should buy?
Diamond hands!!!11
I thought it came from the bones of the fifth elephant.
edit: Bones. Bones of the fifth elephant. AFAIK they don’t have video in Discworld other than in that one book and that didn’t go so well.
Your comment reminded me of the movie, “don’t look up” and now I’m slightly annoyed
That’s the exact feeling the movie left in me too.