I would say the reasons gold isn't such a good store of value is because of price suppression.
The logic is that spot prices are dramatically manipulated by the bullion banks via the use of derivative contracts and leasing schemes. They do this to suppress the price, hide the true rarity (example: There are something like 375 "paper oz" traded via contracts for every 1 oz of silver on the Comex), to discourage weak hands from owning gold and silver, and to move attention away from precious metals and towards their fake fiat unbacked currency.
Search "paper silver", "paper gold", "naked shorts on the Comex", "gold and silver price suppression", and "bullion bank silver price suppression" and you'll start to see why and how the price is massively suppressed by them shorting the market in order to discourage ownership (so that the price doesn't explode higher and encourage the masses to want to own gold and silver and start questioning the legitimacy of unbacked, crested from nothing, infinite supply / printed at will fiat currency units).
Michael Sparks ✨ 😶🌫️🗽⚡
npub168…q68qx
2025-03-18 12:53:23
in reply to nevent1q…nf85
Author Public Key
npub168u2cl8m4s9htdym5yref7tpkghw96lngc0d8cxqyc400f02sdjs3q68qxPublished at
2025-03-18 12:53:23Event JSON
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