I am not sure how this word 'intrinsic' has interchange with an asset class perceived to being safe and valuation preserving infinite? Everything has a supply and demand curve that works in cycles. Buyers overwhelm sellers regardless of condition, price goes up and vice versa.
Market crash to favor goldbugs are akin to we need war with lots of killing in ME especially to choke off supply so we can profit from Crude prices. Now that is immoral thinking and hope to profit from.![]()
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