Similar thing for me, it's ridiculous. The only thing more ridiculous was how the stimulus money in 2020 for not working was about the same as I made. At this point, I have no idea if being laid off in 2020 would've been better for me. But I sure do love how in 2022 I'm making less money than I was years ago despite receiving a raise.
And the fuckers who run the place complain about how no one wants to work for them. Thankfully I have enough unofficial benefits that I have an easy job, otherwise I'd quit too, and maybe I'll be forced to quit depending on how much HR scrutinizes the fake vaxx card I'll be submitting if the Supreme Court sides with tyranny tomorrow.
Right now the market is pretty good, compared to January 2021 when the Reddit crowd bought fucktons of silver and made things hard to find. The US Mint is putting out a lot of 2022 Silver Eagles. Supposedly it's the big ingots (1 kg and above) which are scarce and which buying can genuinely fuck over banks and governments because they'll have to start melting their silver instead of making it into Silver Eagles or whatever.
Local coin shop has had some great supply, and I think you're underestimating how people will pay debts in a bad economy. My guess is that we won't have genuine Weimar hyperinflation but inflation worse than anything in US history so plenty of people will go broke and sell off their PM or other assets which is where people who own PM can profit by selling it off (or better yet bartering it) in exchange for other valuable goods like guns, vehicles, real estate, etc.
But your general point is right and buying now is a good idea.
True enough, though I would disagree with the line about ingots draining vaults. The silver squeeze is a meme, if you know their paper games at all you know that it really doesn't matter if they have a single troy oz in their vaults.
IMO what will really kick off the dollars final death spiral is a rejection of it by foreign nations; right now the American public and foreign nations are in a race to see who can bail out of the dollar faster, and the american public doesn't even know its in this race. The dedollaraization of the world is happening quietly in little hints here and there, but once its widely acknowledged the dollar will already have been in full and permanent decline from which there is no return.
I've wondered myself if we'll see full on weimar hyperinflation, or if our leaders will just acknowledge the dollar is dead when we see paltry inflation of 100%. Tbh I can't make up my mind, it seems futile to continue with the charade, but at the same time I can't see anyone taking the fall for it so whoever is "in charge"(will get blamed for it lol) will just decide to print to infinity. The public won't understand a rejection of the dollar on the world stage, to them this would be meaningless as they only understand economics through the purview of the dollar. It doesn't matter how extensive or exhaustive you are with the average normie they don't understand fiat, they might be able to repeat some lines like "the dollar is backed by nothing" but it doesn't matter to them because they still value the dollar.
This is a personal opinion so take it with a massive grain of salt; I actually think the time to utilize you PM's will be after the reestablishment of a new currency. Here me out, the $USD is the fiat ponzi to end all fiat ponzi's, its invaded every market on earth, the entire global financial system is built upon it. Every other currency in the world is fiat based, and to some degree derives its value from the Dollar and the system it has established. When it tank's everything else will tank as well. This will be the biggest redpill of all time, literal psychological rape on a global scale, when reality come's knocking not even normies can ignore its call. After all is said and done I think we will be returning to sound monetary policy across the board. I have no doubt some government's, perhaps even our own, will try to reestablish fiat systems again, but I doubt these would survive more than a years time before trust was again diminished and the new currency dead. Further foreign governments will not accept any new fiat notes as viable trade assets, the world is built on global commerce, if even a hand full of major nations decide to establish metals backed currencies then it will undoubtedly force the hand of every other nation(and quite a few nations have been going on shopping sprees for both gold and silver in recent months).
Now, during the ensuing chaos of a dollar collapse no one will know the true value of silver and gold, and one would assume that the value of gold and silver would be at its highest during this ensuing chaos because of its indeterminate value(IE you could buy a house in Weimar for 1 oz of gold). However I would contend that this assumption is completely false. All you have to do is run the numbers on the current known quantities of bullion in the world and you'll quickly realize there simply isn't enough to go around, even if you double or triple the quantities you'll find that for everyone to hold a significant amount the world population, or even just the first world populations would need to fall quite precipitously.
So obviously if the above predictions were to come true we would not be dealing in coins, unless they were diluted to insignificant amounts of silver and gold amounting to mere plating. We also have to realize that digital transactions make up a massive portion of commerce, if not the solid majority of it; so this necessitates at least a digital equivalent to any physical currency. This is where I see CBDC's backed by metals coming in; China, a major purchaser and producer of gold(which it never exports) has already begun rolling out its CBDC(
China’s CBDC Has Been Used for $9.7B of Transactions), there's been much speculation that at some point they will back their digital Yuan with gold. Other nations have also been conducting research and tests on CBDC's, though to what extent I'm not certain, I don't think any other nation is quite as far along as china in this regard. Much has been said about CBDC's, and if what is assumed about them is true, for example fed coin just being another fiat slave trap, then yeah they're fucked, but like I said I don't see the world returning to fiat anytime soon after the dollar collapses.
My vision of the world has us transacting in gold, and silver(although it might only be gold) in literal millionths of an oz, or thousandths, or whatever division of silver and gold you think would be appropriate for daily transactions. All of it recorded on a ledger, and presumably governments would be held accountable by regular audits by other nations to maintain trust. Trust is the key pillar to moving forward in a post dollar world, and trust is one of the founding pillar's on which sound monetary policy is built upon.
That being said this is all my own theory on how thing's will play out, I could be horribly wrong. I hope that there is at least some accuracy in my predictions as if the world rejects sound monetary policy I see it becoming a very dark, cold, and war torn place. I also believe that we won't see an extended period of inflation, everything moves faster today, and americans have a certain standard of living they demand and have become accustom to(inflation stealing wealth or neigh). THIS MEANS THAT THE FAUCI BILLION DOLLAR TREASURY NOTES, AND THE GEORGE FLOYD TRILLION DOLLAR TREASURY NOTES WILL BE LIMITED EDITION, HECKING LIMITED EDITION!!!!!!!!!!!!!!!!!!!!
Addendum: Also even if 1 oz of gold could net me a house during hyperinflation, and I knew for a fact that it would never hold a higher value from that point on, I would not exchange it. I've seen too much fuckery over the last year with real-estate and government intervention to trust that any contract, legitimate or not, signed during a crisis such as this wouldn't be voided by some jewish faggotry.
