https://www.moneymetals.com/news/2015/11/23/paper-markets-gold-silver-000792
Precious metals bulls question why metals prices keep falling in the
face of what appears to be strong demand and great fundamental reasons
for prices to move higher instead.
The bears have some answers of course. You can’t eat gold, it’s
basically a pet rock, and modern financial systems are doing just fine
without anything as antiquated as bullion gumming up the works.
The bears are declaring victory and saying the market has spoken. They ought to look a bit deeper into recent developments.
Outside of the price action, there is very little to support claims that gold and silver are relics of the past.
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