>>22522547Silver is an industrial metal no question. But it's also still prone to fits of speculative buying when gold does well and people get greedy about it. PGMs also have a similar tendency I guess, but not as much as silver.
>>22522566if we had no copper same story. Or oil. Besides silver can be susbstituted in most cases so it's not as bad as you imply. Even copper can often be substituted with aluminium, but not always. What's your point anyways? Gold is gold because it's fucking gold. It's literally magic given physical form. People yearn instinctively for the lustre and inherent opulence of gold. It's what we all agree on, Central Banks and all.