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RE: Why won’t the silver and gold price move higher????
There is consensus among the professional economists that gold is a "barbaric relic" and a modern economy could work with the gold standard, because will put a lot of strains to the economy.
If you see the capitalization of the total gold is approximately 7 trillion of USD, this is just a fraction of the capitalization of the global stock and bond markets.
So all the funds created in the different QEs went to real state, stocks and bonds markets.
That's why you see how these markets have grown so fast and the real economy so little.
It's not the gold standard that put pressure on the economy, It's the government manipulation of the gold standard that makes it fail. The gold standard is despised by all government and bank because it restricts their ability to borrow, spend and just create money out of thin air. They have to go and earn it just like the rest of us. Cheers