this post was submitted on 27 Dec 2025
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[–] Zier@fedia.io 11 points 1 month ago

https://archive.ph/qUe7n Silver’s price blew through a 45-year-old record and has more than doubled in 2025. At $76.486, a troy ounce of silver is worth more than a barrel of oil in futures markets, where U.S. crude ended Friday at $56.74.

[–] deHaga@feddit.uk 8 points 1 month ago

Stacking shiny stuff has been the only decent bet I've made in the last 10 years

[–] Gsus4@mander.xyz 6 points 1 month ago (1 children)
[–] AtHeartEngineer@lemmy.world 2 points 1 month ago

Very interesting, makes a lot of sense. Thanks for that

[–] velindora@lemmy.cafe 4 points 1 month ago (2 children)

So that means gas prices are going down right?

[–] omgboom@lemmy.dbzer0.com 13 points 1 month ago (1 children)

Gas is below $2 gallon near me, it's been years since I've seen it that low. Low gas prices tend to happen during recessions due to lowered demand.

[–] velindora@lemmy.cafe 5 points 1 month ago (1 children)
[–] _wizard@lemmy.world 2 points 1 month ago (3 children)

Drove from NC to TX for the holidays. Cheapest fill was 2.18. I saw a loyalty program selling it for 1.89 which was crazy.

[–] Gsus4@mander.xyz 5 points 1 month ago

Is that for a gallon? Laughs in 1.7...Euro/L (7.5$/gal)

[–] burntbacon@discuss.tchncs.de 2 points 1 month ago

I think a relative said they were getting ridiculously cheap $1.60 gas from walmart for some usaa benefit. It's definitely a little nutso.

[–] velindora@lemmy.cafe 2 points 1 month ago

I’ll bet this is purposeful because of the Venezuela stuff. Cheap gas buys war votes.

[–] skeezix@lemmy.world 2 points 1 month ago (1 children)

Does the cost of a barrel of oil include the cost of the barrel itself?

[–] AtHeartEngineer@lemmy.world 1 points 1 month ago

Nope, doesn't include shipping either, rip off

[–] Tollana1234567@lemmy.today 1 points 1 month ago

is the silver in gold-pressed silver.