Is The Safe Haven Trade For Gold And Silver Over?

This question surfaces every time metals pull back from highs. The safe haven narrative isn't some temporary trade that expires. It's structural. Central banks added another 800+ tons to reserves in 2024. The dollar's weaponization against Russia showed every nation they need alternatives. COMEX registered gold sits near multi-year lows while paper contracts multiply. Physical premiums remain elevated because real metal is scarce. Silver's industrial demand from solar and EVs creates a supply crunch that paper markets can't solve. When everything else fails, gold and silver remain. That's not a trade. That's monetary reality. Stack accordingly.