Wednesday, March 11, 2015

Paradigm shift: Apple watch could turn gold into an industrial metal

One of the biggest debates between valuations for gold and silver is that the white metal has both monetary and industrial uses while gold simply resides in the jewelry and financial spectrum.  However, this may soon be changing as reports coming out from analysts predict that not only could the new Apple Watch move gold into the realm of an industrial metal, but production numbers show that Apple may require up to 1/3 of the annual global gold production.

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