>>60893807
I think the question is whether it's a 2008 situation or a 2020 situation, but it's probably neither and a spike of its own.
We have no comparable data out there, 2020 clearly had a very defined reason for why the price had to spike, but 2024 and 2025 have had no massive inflation, no real instability compared to what we had in the past, on the surface these have been some of the most stable two years of my life. The growth is sustained though, not just a flash like in 2020 where it all came at once. This one trickled in over 9 months of a gradual shift of money into PM's.
It seems like a bigger shift than any in the past because of this, there was no big event that should be causing this.