Conversation

Gold isn't a currency anymore so few people holding it. Also, a lot of gold has been mined since '29.

Yet even with all that supply & little common demand, gold is worth double today.

Further, economies of scale are better today & so is production efficiency. So why is gold worth so much more?

Oligarch's, banks, & governments are hording it. Meaning: it's a been giant transfer of wealth scheme.