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Actually, Nadler has a point. Don't get me wrong, I can't stand his "witty" articles. But I'd like to see conspirationists address the fact that high gold prices reduce jewellry demand, and also increase the scrap being sold back into the market.
This "rebalancing" between consumer demand and gold as an investment will continue to go on, and to dismiss it as irrelevent seems every bit as bad as listening to Nadler's tripe.
