>>60893663
>cheap access to the transmutation of elements
>extreme taxation & strict legal limitations on sales
>governments stopping to print to finance their deficit spendings
(1) is extremely unlikely before another few centuries of technological advancements
(3) is outright science fiction
So it only leaves us with option (2) : banning & taxing. On a limited level, we can see on /pmg/ how efficient it might be. Look at the bongs, they feel "forced" to only stack gold becuz of the VAT on silver, and nobody can blame them for making the logical choice of 0% gold.
Thing is, richfags too want a way out for when SHTF, they'd shoot themselves in the foot if they forbid easy transactions of gold and silver.
So, realistically, i don't think there is any chance for PMs to take a massive nosedive in the current geopolitical situation. Sure, there could be another scamdemic like covid, or a massive war breaking out who'd insta-crash the markets and by ricochet tank PMs, but that'd be short lived, like it was in 2020. And this time around i believe bullion dealers protected themselves to face this kind of situation, with algos pushing the premiums up if the spot suddently drop.
They wont be caught with their pants down like they were in March 2020 when spot bottomed @12. They learned their lesson. I know it first hand because back then i timed the bottom with 4x 5kg bars and i've never seen an online seller seethe so much and refusing so badly to deliver the shit. I had to threaten them with legal pursuits after 8 months of constantly delaying my delivery before i got my stuff. Every week on the phone they begged me to cancel the order lol.