It is not the scarcity that matters. Noble metals do not oxidize; they do not rust. So they do not lose weight over time. This is why gold and silver have always been seen as a store of value. It is physical property completely independent of relative abundance or scarcity.

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I am a charter member of the pocket-protector set, but old enough to make fun of them and otherwise have a healthy skepticism of tech. https://goo.gl/2z5Snr

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