FatDuck3
Oct 23, 2:20 AM
$JNUG $GLD.X
$SLV $GDX $B
Folks like him are catching on & that's not going to be a good thing. If more folks begin to understand what he's now just realizing then the folks at the bottom will more angered:
➡️So, I’ve been taking accounting, right? & I’m kind of towards the end of it
& it’s really changed how I view certain things in the world
For the longest time growing up, I always thought that when you buy assets, those assets go up in value because, you know, they’re appreciating assets
But I never really stopped to ask the question: Why do assets go up in value?
If money were still tied to the gold standard, right, there wouldn’t be a surplus of dollars in our economic system
But we’re not on the gold standard & we keep printing more & more money
So it got me thinking, right? Do assets really ever go up in value? Or is it just that the dollar is getting weaker,& it takes more dollars to buy the exact same thing?
But they sell it to us as appreciation
https://www.tiktok.com/@snowfinancial_/video/7698758474934652174
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