You are neglecting the hidden sources of consumer-side competition, and their effect of driving up prices: https://www.bloomberg.com/news/articles/2018-11-19/f

You are neglecting the hidden sources of consumer-side competition, and their effect of driving up prices: https://www.bloomberg.com/news/articles/2018-11-19/foreign-investors-find-trophy-assets-in-unlikely-u-s-gold-mines https://www.bloomberg.com/news/articles/2018-11-19/foreign-i...