Silver and platinum will be pulled along by the devaluation but cannot replace gold as the monetary metal: silver is 'too useful' for industry, whereas gold's near-uselessness for anything else is precisely what makes it the clean liquidity sink without second-order effects.
causalpending
Speaker
Matt SmithEvidence Quote
“the problem with ... silver ... is that it's just too useful for industry for it to be that. Gold is great because can't really use it for that much else ... gold does not have those negative consequences”
Source
Matt Smith: Gold, The Changing World Order & USA Strategic Investment in Critical Mineral— Palisades Gold RadioCreated: 6/18/2026, 1:57:53 PM
My Notes
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