Please disable your Ad Blocker to better interact with this website.

The chart on display showing the price of gold and silver over the last 25 years or so vividly demonstrates the fact that Americans feel that Obama has created a very unstable economic situation.

As we all know, gold and silver are precious metals, and hold their value stably for long periods of time, unlike paper currency which is subject to inflation. Buying gold and silver is a way of guarding against inflation and an unstable economy, and people tend to buy gold in times of geopolitical uncertainty. During such times gold and silver prices tend to go up, because they have become such precious commodities.

Now, if we look at the diagram in this article we can see that the price of gold and silver had been stable for around 20 years until 2006 (notice that the price of gold and silver fluctuate with each other). After 2006 the price of gold and silver really spiked after the stock market crash, going well into the two-term Obama presidency. The price of gold for example has been stable at around $1000/oz. during Obama’s presidency, whereas it was under $500 during the previous 20-year period.

Trending: Did the NYPD Just Save the Country?

This is cold hard proof that citizens are feeling uneasy about the economy and that Obama’s policies have been a marked failure.

take our poll - story continues below

Should Congress Remove Biden from Office?

  • Should Congress Remove Biden from Office?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.



The opinions expressed in this commentary are solely those of the author and are not not necessarily either shared or endorsed by

Matyas Cserhati

PhD in biology, BSc in computer science. Live and work as a programmer at the medcenter in Omaha. Conservative 5-point Calvinist Presbyterian, and literal 6-day creationist. Also worked as member on the board of the Nebraska Association for Translators and Interpreters, speaks English, Hungarian, German, Dutch and has language certificates in Swedish and Norwegian.


Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.


Need help, have a question, or a comment? Send us an email and we'll get back to you as soon as possible.


Log in with your credentials

Forgot your details?

Send this to a friend