We are currently seeing gold and silver prices fall in tandem with the rise in oil prices.
Given the global push to move away from the petrodollar and oil in favor of electric power, how do you see the future trajectory of precious metal prices?
I am not referring to price levels, but rather to stability—though I am aware that “paper” pricing will still be a factor.
Logically, one might expect less volatility in the future. However, market prices aren’t always driven by logic. Furthermore, even with reduced dependence on oil, crises of one kind or another will inevitably still occur.
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