Sure.
But by the same token you have the Dow being supported by significant central bank interventionism today and no academic would dispute this.
My point is commodities are valuable once unlocked (they have a use through technological or societal advancements).
Central banking inverventionism is unlocking the value of gold as money just as technological advancements did so for uranium and other commodities.
This will be a significant thesis for gold as an investment in the 21st century.
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