gold collapse to take metal to $700, page-23

The other thing that seems to have completely escaped you is that ever since civilisation began,gold is a product that can be exchanged for money ,it has a store of value . Now where we have a situation where there is more and more money available than ever I don't see why thousands of years of history would be overturned and gold lose its store of value just because some people think you can't do anything with it . You can't do anything with money either unless you can exchange something for it and gold is in exactly the same boat except that it is extremely rare