Theres a good chance your college professor is in a very bad mood. Commoditys is where smart people have had a safe haven against the rigged ass market for quite some time. After all - no ones big enough to influence the price of something so common as silver worldwide becouse someone with silver will just cash out.
> But thats where they went wrong
> Theres so much wealth at the top, we are nearing an era where even the price of something so common as a chicken egg can be manipulated to 100x its current price and substained for a long time. Sure - a chicken farmer is in heaven in this scenario. But the top bought out all of the farms and since 99% of folk live in cities whos left to keep markets honest? Same for silver. By the time someone middle class sets up an egg farming operation in their country vacation property the price has already receded.
> Do you know anyone irl who is mining silver or hoarding large amounts? If the common man has no silver to cash out, then theres nothing to keep the price honest, and guess who owns the mining companies?
> your percieved value of something is meaningless. You could say google is a 100 trillion dollar company and be right if you have all the wealth - becouse thats the magic of wash trading. Whos left to sell shares of google? Real shares, not borrowed ones.
> meanwhile, the influence drips up too. Not just money. If google is worth 5 trillion, only a few people know why, and at any moment could reverse the scheme and wipe out half its value. Thats some serious leverage over the executive suite off the books.
> but be thankful. Becouse some day, maybe years from now, the masses will finally catch on. And when they do, the market will crash. Your retirement account only rises now becouse people buy puts and short stocks. But some day when all the bears are gone, theyll come feasting for the buy and hold crew.
> for now, your longs help fund wash up. And so you feel like a smart person becouse all you did was set money aside with no effort. Some day that free lunch will stop being free.