The gold bugs have seen a major resources boom and paid to watch it (major opportunity cost) from on top of their gold bars. Now they'll watch the agriculture and soft commodities boom and once again pay for watching it (another major opportunity cost). There are too many valuable physical stores of wealth in a world unable to meet resources demands for necessities in life. Gold had a place in the past it is now a poor store of wealth and an even poorer inflationary hedge ...
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base metals the doomsday prophecy, page-4
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Hank Holland, Executive Chairman and CEO
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