Comments

• By ilamont 2026-01-3023:367 reply

  Coincidentally, late this morning I went to one of those traveling roadshows where they purchase precious metals, bringing along a childhood coin collection that I wanted to turn into cash.

  I started with a single 1 ounce silver medallion and was given a quote for $80. When I had checked the silver price earlier this morning it was above $115.

  I questioned the buyer about the spread and he said the spot price was down, and the smelters were backed up so that was their best offer.

  I brought out some other silver coins, specifically liberty head and Morgan dollars. He looked at the app on his phone and said “hold on I gave you the wrong price,” and then said “I’ll give you $35 for each of them,” including the pure 1 oz silver medallion.

  I said no thank you and left, miffed, thinking he was jerking me around.

  I didn’t realize the price of silver was collapsing.

  By nlh 2026-01-3023:532 reply

  Chances are, he was indeed jerking you around. Nearly every one of these traveling road show style buyers pay very very very very little for coins. They have no reputation to uphold and are the literal definition of “fly by night” - and by the time you realize how little they paid you, they’re gone.

  Source: Am full-time professional coin dealer (who is NOT fly by night!) and have to deal with the repercussions of people getting hosed by these roadshows all the time :(

  By culi 2026-01-310:394 reply

  tbh, I never knew the value of coins was tied to the worth of the metal itself

  Do these coins get smelted down or something?

  By nlh 2026-01-311:025 reply

  A very excellent question and totally reasonable thing not to know (congrats on being one of today's lucky 10,000!)

  I'm speaking from the perspective of US coins because that's what I specialize in but this generally applies to coins all over the world as well:

  Prior to (and including) 1964, US 10c, 25c, 50c, (and when they were made, $1) coins were made of 90% silver. We made A LOT of these, so in terms of outright rarity, most are not rare. Today they're referred to as "junk silver" because in terms of collectibility, they're junk, but the 90% silver content means there's some inherent precious metal value (as of this moment on Jan 30, 2026, they have ~approximately~ 60x their face value in silver content, eg $6, $15, $30, and $60 in silver respectively.)

  So that's their basal value that fluctuates with the silver market. But the next layer is actual rarity / collectibility -- if a given coin is desirable enough that it surpasses its metal content, you get a different set of values.

  Now to your actual question: Do they get smelted/melted down? The answer is...sometimes. They trade somewhat like financial instruments, based on the assumption that you could melt them down (and there's a cost to doing so), so that's how people value the various silver coins. In reality, there's usually enough demand from people who want to hold physical silver in various forms that they don't actually need to be melted down.

  There's obviously a lot more to it, but that's the 5c version ;)

  By adastra22 2026-01-311:112 reply

  Is that more or less than the spot price? I would have assumed that they trade higher, though maybe the non collectibles trade are only a little bit higher.

  By seszett 2026-01-3110:371 reply

  My experience, I sometimes buy gold coins to make jewelry. I do that because at least here in Belgium, there's no VAT on coins but there is VAT on the other forms of gold that are more commonly used for that. For professionals it's not a problem because they pass VAT but for an individual it's a 20% difference. Also I'm in Antwerp so it's really easy to just bike to a place that sells gold if I want to.

  In my case I buy old French 20 francs coins as they are quite "cheap": 1% above spot price of their gold content (they are 90% gold).

  Other more recent coins, like Chinese or Canadian ones, sell at a much higher premium (17%, 20%) so I always wonder a bit who they are for. It's unlikely they can be resold for that much of a premium. At least the shops I use just buy them for their price in gold.

  By tianqi 2026-02-0117:281 reply
  Could you talk more about the "recent Chinese coins"? China hasn't had any fiat money containing gold or silver for at least 100 years. So I'm curious what exactly these Chinese coins are.
  By adastra22 2026-02-0118:001 reply
  https://www.apmex.com/category/24355/chinese-silver-panda-co...
  By tianqi 2026-02-026:481 reply
  Thank you. None of these are circulated coin currency. They are all tourist gifts or souvenirs. This is why they command a "much higher premium".
  By seszett 2026-02-028:221 reply
  > tourist gifts or souvenirs
  I don't know the details because I don't really care about gold as an investment, but everything I find says variations of "the 3g Gold Pandas have a face value of 50 Yuan and are legal tender in China.". It would be subject to VAT in Belgium anyway if it was not considered to have legal tender.
  And that's the smallest one, I seriously doubt many people buy a 4000 € (30g) coin as a tourist gift.
  By tianqi 2026-02-0210:502 reply
  It is definitely not legal tender. As a Chinese, I've only ever seen such things in tourist souvenir shops for foreigners. If your argument is that a €4000 souvenir is questionable, please allow me to remind you that a €4000 currency coin makes no more sense. If your source is this webpage: https://www.kjc-gold-silver-bullion.com.au/PD/30-g-2023-chin..., I can be almost certain it's a scam because its description is ridiculous.
  By GJim 2026-02-0213:52
  > It is definitely not legal tender.
  "Legal tender" doesn't mean what you think it means.
  It has nothing to do with what coins/notes are in circulation or commonly accepted.
  https://en.wikipedia.org/wiki/Legal_tender
  Bullion coins are typically marked as 'legal tender' (of a nominal value relative to the precious metal content) as doing so exempts them from sales tax in most jurisdictions..... because they are technically "legal tender" (coins) and not bullion.
  e.g. British sovereigns are still produced and have a "legal tender" value of £1. Though the gold content of one is currently about £800 last I looked.
  By seszett 2026-02-0211:232 reply
  > As a Chinese, I've only ever seen such things in tourist souvenir shops for foreigners
  Huh, none of these coins are in general use in any country because it would make no sense (their facial value is always largely below their metal value, which is basically constantly appreciating). As a French person I have never seen 20 francs coins in circulation either, and I wouldn't by my baguette with one, but they are still obviously not a "scam", even if their actual value doesn't match their face value. I mean, I should know since I actually buy them, manipulate them, and use them for their gold content.
  The page you linked is quite unlikely to be a scam (except that it sells the coin for quite a premium, compared to what I can get at home like say https://www.argentorshop.be/en/gold-coin-chinese-panda-30-gr... in Belgium).
  I think you don't understand how these gold coins work, honestly I don't claim I really understand why central banks produce them either, but they do exist and they seem like a convenient way to invest in real gold (and here comes my initial remark: but why choose the ones that sell for a premium as compared to the ones that sell just for their weight in gold, that I don't understand).
  You can get more information on the Chinese Gold Panda coins on Wikipedia if you like: https://en.wikipedia.org/wiki/Chinese_Gold_Panda

  By nlh 2026-01-311:222 reply

  Also a very good question and the answer is also...it depends. The "premium" (delta to spot) on 90% silver (aka "90%") varies with supply and demand. At this very moment with the meteoric rise of base silver, 90% is selling for less than spot. But there have been times when it trades above spot.

  The reason is that silver itself is traded on the various international commodity exchanges and those traders are not the same supply & demand sources as the little guy(s) who likes keeping some old silver coins in their garage. So as those supply/demand curves shift, the premium over/under spot price changes as well.

  By Ekaros 2026-01-319:17

  Also I heard that refineries that is companies that take 90% silver or even less in and processes it to something that can be sold on commodity markets that is purer silver are now focusing on well purer silver as that is easier to process. Thus there is less demand on less pure silver. And recycled silver ending with industrial use goes through these companies.

  By adastra22 2026-01-311:29

  Thanks, that makes sense.

  By culi 2026-01-316:29

  I appreciate you sharing your knowledge! Your layers concept makes sense but I guess I'm just surprised at how large of a layer the market price of precious metals can be—even for "junk silver" coins

  By vel0city 2026-02-0114:05

  > that's the 5c version

  Is that 5¢ copper or zinc?

  By ReptileMan 2026-01-311:512 reply

  Isn't smelting a coin for the metal a crime?

  By voxic11 2026-01-3116:22

  No, not in general anyways. There are specific regulations on smelting pennies and nickels (and it's specifically nickels, not half dimes).

  So you can smelt any silver coins minted by the US except for the WW2 silver nickel.

  By fragmede 2026-01-313:571 reply

  So is speeding. There might be some crazy radiation related super science way to determine if a lump of silver came from a specific collection of coins, but once it's melted down, and the impurities driven out, silver is silver and you can't really tell that it came from coins.

  By elzbardico 2026-02-0117:00

  HN sometimes is pretty much anal about obeying the government no matter what. Except of course when obeying the government goes against the wishes of our VC Gods.

  By tylervigen 2026-02-0113:25

  Great explanation, but your reference to the "todays 10,000" xkcd made me think of this: https://xkcd.com/2501/

  By Borrible 2026-02-016:33

  https://en.wikipedia.org/wiki/Gresham%27s_law

  By wakawaka28 2026-01-312:21

  Collectible coins usually get melted as a last resort, if they stay on the shelf forever. The value of the metal is still in the coin though. Think about it: you could buy a very common coin with the same metal, or a slightly rare one. Which costs more? Now take the rare one and put a huge dent in it. Is it worth less than the metal content then?

  By carlosjobim 2026-02-0112:421 reply

  Of course a coin can never be worth less than the metal it contains, when you ponder it logically.

  By dredmorbius 2026-02-0116:391 reply

  Sure it can.

  The face value of a coin may be driven down, based on the exchange value of the currency itself. A coin with a nominal value of 10 but, say, a specie value of 11, is literally worth more melted down than in exchange. This is the dynamic of the Law of Oresme, Copernicus, and Gresham (usually referenced simply as "Gresham's Law").

  "The Law of Oresme, Copernicus and Gresham", Thomas Willing Balch Proceedings of the American Philosophical Society, Vol. 47, No. 188 (Jan. - Apr., 1908), pp. 18-29 <https://www.jstor.org/stable/983793>

  More generally, when a product's exchange value differs from its production or use value, paradoxical results occur. Gresham's Law, Lakoff's "Market for Lemons", arguably the Jevons Paradox, the phenomena of wine and audio kit pricing divorced from any defensible consumer capacity at discrimination, and enshittification all seem to fit this with reasonable amounts of shoehorning. Also my own "tragedy of the minimum viable user".

  By carlosjobim 2026-02-0117:151 reply

  > A coin with a nominal value of 10 but, say, a specie value of 11, is literally worth more melted down than in exchange.

  And that means people will buy and sell it for the specie value. The specie value is the value.

  Bullion coins like silver can be worth exactly what the metal is worth, or more. Never less than what the metal is worth.

  Just because a gold philharmonic coin might be minted with a €100 nominal value, doesn't mean that it is worth that. If you think so, I'll gladly buy all your gold coins for their nominal value.

  By swores 2026-02-0120:172 reply

  I believe that you two are not disagreeing in logic, just misunderstanding each others intended meanings.

  When you said "a coin can never be worth less than the metal it contains", I think you meant "no matter what number is on the coin, its value is always equal to or greater than the value of the metal"; but dredmorbius misinterpreted your comment thinking you meant "the number on the coin must always be a higher value than the metal would be worth if it wasn't shaped like a coin".

  AKA when carlosjobin wrote "be worth" you meant "value to sell", but dredmorbius thought you meant "value written on it".

  I might be wrong, maybe it's me misunderstanding one or both of you - in which case please correct me - but I'm fairly sure you're both correctly thinking the same thing while incorrectly thinking the other person isn't.

  By carlosjobim 2026-02-0212:22

  You have interpreted my thoughts completely correct.

  By dredmorbius 2026-02-020:181 reply

  "Value" one of those horribly conflated terms of economics. For starters there are the relatively well-known conflicts between production cost value, use value, and exchange (market) value. The discussion here adds another element: the distinction of notional currency value vs. commodity value of underlying specie or substrate.

  The absolute nature of carlosjobim's claim makes it fairly trivially falsifiable, however. Since nominal value is a value, if the face value of a coin is lower than its specie value, its use as currency meets his absurdity condition, "Of course a coin can never be worth less than the metal it contains...", but that remains its legal tender face value. As money, that is, an exchange token socially recognised as having a universal value, the coin is exchanged below its commodity value.

  As a commodity, that is, metal (or other material) specie, the same item may have a different and higher value, but in this case it's not one which is universally accepted within a given market, but rather is dependent on the specific local market supply and demand of that specie. The coin-as-commodity is also subject to differential valuation based on characteristics --- assayed purity, weight, etc. --- which must be assessed on an individual basis for each coin.

  In practice, where specie coin was used it virtually always traded at a premium above the commodity value, known by the term seiniorage, which I interpret as the trust value imbued by the currency issuer. My (unorthodox) view is that seigniorage exists in all monies, and is efectively the total basis for value of fiat systems such as paper or credit-based financial systems. The value of such currencies is a market vote on the trust in the issuing entity (and/or the lack of viable or accessible alternatives).

  But again, coin-as-money has a value equal to its notional face value. That the face value may differ from its commodity value can of course occur. My argument is that this makes the exchange one of commodity trade rather than financial trade, and that ascribing commodity value to coin or face value is a misdirection.

  Some years back looking into what money is, I realised that the names for virtually all currencies can be traced to either weight (pound, peso, dinar, penny, shekel, kopek, livre, baht, etc.) or division (dime, quarter, cent); or quality (dollar, crown, royal, franc, renminbi), sometimes appears as a signifier of value, e.g., the florin, yuan, or yen. I'd classify toponymic names (e.g., afghani) as referencing quality. There are the odd exception, notably Bolivar, the Venezuelan currency named for Simón Bolívar, though that's arguably a quality signifier.

  By BenjiWiebe 2026-02-0218:561 reply

  Nominal value is in name only, IMO. Which makes it not the value. I can sign my name on a piece of paper and say it's for sale for $5million (nominal value, right?) but it's value is nowhere near $5million, and noone will accidentally purchase it for $5million because they truly thought it was worth that.

  nominal: existing or being something in name or form only (Merriam-Webster)

  By dredmorbius 2026-02-0221:49

  Nominal value of legal tender is in fact legally defensible.

  Mind that the problem is actually the inverse of what you describe. It's not that the nominal value is greater than the intrinsic specie value which causes problems with coinage, it's where the monetary value is less than the commodity value of specie, in which case "bad money drives out good". I've already discussed that in detail.

  One point worth making explicit is that the receiver of such an under-priced coin would be more than happy to receive it, it's the spender who has to weigh the loss in commodity value against the nominal transactional value, should their counterparty only agree to acknowledge the latter. This brings up the further point that in an exchange, transaction price (whether nominal or commodity) depends on the alternatives available to the parties. A spender without alternatives on price or obtaining desired goods/services might well spend a higher-commodity-valued coin at its nominal value. Should they be aware of that difference, they might well not be happy about the fact, but they'd be forced into the trade by circumstance.

  By pseudohadamard 2026-01-314:261 reply

  They're incredibly sleazy scumbags. They buy silver coins at bullion-value or below, which is the lowest grade you can get for a coin, making a small profit on everything they buy and massive profits on the ones that are actually worth something as coins rather than bullion. And it's typically elderly people they rip off, who are thrilled to get the price of a cup of coffee for their 1884S Morgan dollar. Never, ever deal with these predators.

  By nlh 2026-01-315:48

  amen!

  By TacticalCoder 2026-01-311:37

  > I didn’t realize the price of silver was collapsing.

  Wait. It "collapsed" to the price it was on the 9th of january 2026. Which back then was it's all-time high.

  FWIW I hold SLV (a BlackRock/iShares ETF on silver, the biggest and most liquid silver ETF in the world) since $26. I noticed the recent craze. So I bought PUTs when it was at $102, protecting me at a strike of $96. These PUTs were pricey but, so far, worth it. But here comes the kicker: I'm financing those PUTs by selling CALLs on SLV (that simple options strategy is called a "collar").

  And as I'm a silverbug, I own silver coins too. But these aren't liquid as you noticed.

  When you trade paper silver (like the ETF SLV), the price of the market is the price of the market. SLV is not 100% following an ounce of silver's price, but SLV's market price is SLV's market price. It was $105 at close yesterday and $75 at close today and that's just the price of SLV.

  I do like that: not getting ripped off by some side-of-the-road hustler.

  That dude giving you $80 then giving you $35 is taking a more than 50% cut compared to the nearest low of day. That's quite a rip off.

  By jmyeet 2026-01-310:304 reply

  There's a lot going on here and it's not just the price going up and then going down (see my other comments). Basically, the entirely silver market is dysfunctional at the moment. And it's all about bailing out banks who are getting wiped out by the silver rally.

  So when you sell silver at a pawn shop or to a retail dealer, here's what happens in a normal market. You get an instant price, 5-10% off spot hopefully. That dealer then takes that silver and sells it to a refiner in higher volume with a lower margin (to spot). That's their profit. Refiners will convert that silver into bars and sell it to wholesalers and institutional buyers.

  But instead what's happening is the refiner needs to hold onto the silver for 7-14 days before it gets smelted and processed. With high volatility, they're not paying out the dealers until it's processed and sold. That's a huge cash flow problem. Instead of instant money, it's money in 2 weeks and you have no idea how much money.

  So the retail dealer has to wait and it could be 20% lower or 20% higher in the current market so instead of 5-10% they eitehr have to offer 30%+ less than spot price if they buy it at all. That money tied up has an opportunity cost.

  Combine this with a shortage of physical silver to deliver on futures contracts and the refiners aren't really getting the silver they need to satisfy that demand.

  So the spot price is fake. Nobody's buying anyway. Low wholesale supply means the prices continue to go up. Banks are haemorrhaging money because they have huge short positions. They have to borrow silver to meet their obligations and the silver lease rate (the price to borrow silver for a money has like 10x'ed) and this is where we are.

  By baq 2026-01-3121:07

  Sir banks (at least the sane ones, like JPM) are both long and short on behalf of their clients and simply because they’re dealers and prime brokers all the time and just settle physical, which they also own (because they’re sane).

  By blindriver 2026-01-310:481 reply

  The banks are not getting wiped out by the silver rally. JP Morgan has not been engaged in shorting the silver markets for years. This is a baseless conspiracy theory, and JPM has also been accused of shorting BTC as well.

  The entire narrative is made up and this is really just supply vs demand in terms of silver contracts and shares. I have been actively trading silver since last year and made over $100k and in precious metals (mostly gold) for 30+ years since I first graduated from college so I'm not just an idle spectator.

  By zrn900 2026-02-0322:51

  JP Morgan turned out to have acted as the intermediary for 5-6 major bank clients of it to short the market. They did again what they were fined for and their traders were jailed for years ago.

  By ProjectArcturis 2026-01-310:52

  If the banks had massive short positions, why didn't they report huge losses in Q4?

  By pseudohadamard 2026-01-314:311 reply

  Thanks for that, that's a really good backgrounder on what's happening.

  By nradov 2026-01-3122:47

  No, it's a low-effort mix of facts, irrelevancies, misunderstandings, and BS conspiracy theory. Don't believe 90% of the financial information you see on HN.

  By wakawaka28 2026-01-312:19

  When the price moves violently up or down, dealers get scared. They need to keep it for an unspecified amount of time to get paid. Maybe the guy was jerking you around, or maybe he was short on cash. $35 for an oz is a terrible price when spot is $90 or something. It hit $120 during this past week and only crashed today, back to the record high from like 2 weeks ago.

  By blitzar 2026-01-3121:40

  If you pulled out more product when offered $80, the price was only going to go down from there.

  By Apofis 2026-01-310:393 reply

  He does have to turn a profit on what he's buying. You want spot price? Oddly enough, in California and maybe other states, a pawn shop will give you spot price.

  By coffeebeqn 2026-01-316:32

  I’ve also found a few in various states that buy Eagles for spot - of course then they’ll sell them forwards at spot + 15% or something

  By iwontberude 2026-01-311:10

  I’ve gotten them to sell under spot once bc they mispriced their inventory.

  By wakawaka28 2026-01-312:241 reply

  Why California? Most pawn shops suck (see Pawn Stars where they offer like 1/3 of the value on most stuff), but you might find a few pawn shops that want to deal with metals and coins. The best thing to do is to shop around a bit when trying to sell anything.

  By nradov 2026-01-3122:421 reply

  Pawn Stars is semi-scripted entertainment, not necessarily representative of how real pawn shops operate. The actual prices were were negotiated before the episode was recorded.

  But of course there will be a large bid / ask spread on collectibles and small quantities of precious metals. Dealers have to make a profit. Anyone who doesn't like the price is free to sell on eBay or at a local coin show or something.

  By wakawaka28 2026-01-3123:30

  Pawn shops can sell to large online dealers almost instantly in normal times. They can also sell on eBay easier than you can, as an established business. You can do those things too but maybe you don't want to deal with shipping and other hassles. I've heard really atrocious numbers (second hand) from pawn shops. To give you an idea, one guy went to a pawn shop and basically got offered $35 per oz on silver rounds when it was at $65. The coin shop offered him more like $55 if I remember right. This was in December, well before any big buyers stopped taking it or locking in prices. Even at $65 it looked high, because it was a record high, but tell your friend try to buy it immediately after you and it will be significantly over spot!

  PS: eBay charges 14% or something. I also know very well that Pawn Stars is scripted, but the business side is true to life.

  By 0xmattf 2026-02-0214:32

  I'll never forget when silver went down to $11/oz. I immediately went to my local metals dealer to make a purchase. I watched the two owners through the glass windows carrying a huge tote to the back room.

  When they opened the door, they said "so many people came in and bought everything", both sweating and breathing heavy. Lied right to my face. They left out like five generic 1oz silver bars and a small gold coin.

  And again, when the price was high, they don't want to pay anywhere near the spot price.

  I learned this: silver/gold is definitely not something you buy to "flip", at least in the short term. It's something you buy and hold for as long as you live, if possible, perhaps passing it down to your kids.

• By ProjectArcturis 2026-01-3021:393 reply

  This was an inevitable correction. Gold and silver had gone parabolic for the past month. Nothing goes straight up. This takes the gold price all the way back to where it was last week.

  Honestly, I don't think Warsh's appointment had much to do with it.

  By roenxi 2026-01-3023:141 reply

  Doesn't this reset the silver price to where it was at the start of the month? This is hardly news, people got a bit over-excited in January. The spike is more newsworthy than the fall, and neither are all that interesting.

  By Loughla 2026-01-3023:28

  Silver was around 1/3 of the current price a year ago. Calling this a crash is a bit much. If it hits $20 then it's a crash.

  Side note and completely unrelated, but I got my kid a 10 oz .50 caliber silver bullet last year and kicked myself for spending that much on a gag gift (like $300). . . . Should have bought a box of them.

  By tootie 2026-01-3120:391 reply

  I don't think people are thrilled with Warsh as much as they are relieved it wasn't Hassett or like Kevin O'Leary or something really insane. Warsh has relevant experience and knowledge. He is too close to Trump (and Ron Lauder) but hopefully knows better than to cause havoc.

  By ProjectArcturis 2026-02-0117:49

  Yeah, I think this is a good take. It was a combination of a very steep runup, and then the needle to the balloon was to take the possibility of a truly unhinged nominee off the table.

  By trollski 2026-01-3021:41

  [dead]

• By int32_64 2026-01-3022:153 reply

  Crypto markets won in the sense that every single asset class can somehow trade like a memecoin now.

  By onlyrealcuzzo 2026-01-310:063 reply

  Fun Fact about the Great Depression - RCA is the Poster-child of exuberance and Tesla has had a higher PE for >2 years.

  Meme stocks might coincide with meme coins - but I don't know if it's fair to blame crypto for everything.

  I think the reality is that - for whatever reason - people are willing to take on MUCH greater risk today for reward than they were prior to the pandemic.

  I don't think we can blame crypto for everything. Sure, maybe you could say crypto has been meme-ing since 2017 - 3 years before the pandemic. But we've seen plenty of speculative bubbles like that - if it even was one.

  Crypto didn't really start meme-ing with clearly bullshit NFTs and meme coins until the exact same time - 2021 - when Dogecoin et al have meteoric rises coinciding almost exactly with all the meme stocks.

  I think this is actually one the best meme indicators: https://coinmarketcap.com/currencies/dogecoin/doge/btc/

  The Japanese Asset bubble was by far the biggest bubble of all time - and it lasted nearly 6 years. The Nifty 50 was a 7 year bubble, nowhere near this big. So, we might be in a bubble - but if we are - it's getting close to being the biggest, longest one ever.

  By carlosjobim 2026-02-0112:53

  > I think the reality is that - for whatever reason - people are willing to take on MUCH greater risk today for reward than they were prior to the pandemic.

  Yes. Because if you don't make a successful high-risk high-reward investment, you will spend your entire old age in poverty. There won't be any retirement benefits for workers.

  By jt2190 2026-01-3123:511 reply

  > I think the reality is that… people are willing to take on MUCH greater risk today for reward than they were prior to the pandemic.

  I’ll quibble that people have no idea of the risks they’re taking. I read somewhere that amateur stock traders spent something like 4 minutes researching their purchase. Balanced portfolios are just too boring and tedious.

  By mrguyorama 2026-02-0221:21

  They don't want to invest. They want to gamble.

  By beeflet 2026-01-311:43

  dogecoin has tail emission vs bitcoin which has a finite emission. that is also something to consider. Maybe better to compare market caps? Dunno. Also, over time we have seen the development of more non-doge memecoins.

  By Loughla 2026-01-3023:303 reply

  The hype around physical silver has been astounding in 2025 and so far in 2026.

  I have nothing to back this up, but I believe a group of investors learned from cryptobros just how easy it is to pump and dump with social media and scare tactics, and here we are. Somebody please correct me.

  By carlosjobim 2026-02-0112:541 reply
  People have been trying to pump silver for twenty years.
  By GJim 2026-02-0214:02

  Only twenty?

  https://en.wikipedia.org/wiki/Silver_Thursday
  By Ekaros 2026-01-3023:39
  I might be cynic and consider that other side in media have no marketable skills and other side is there just to get their name out so they can find a few suckers to give them money manage. Or they have something to sell like courses and seminars. Or it is free publicity for them. Pandering to various fields is likely profitable, be it cryptobros, goldbugs, silverstackers, hard money advocates, doomsday preppers, permabears or those believing in astrology I mean technical analysis...
  By its_ubuntu 2026-01-3121:342 reply
  [dead]

  By neals 2026-01-3121:24

  But shouldn't everybody have equal access to these markets?