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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

Jan 30 4:00 PM EST

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To: Hawkmoon who wrote (43194)	10/17/1999 9:26:00 PM
From: goldsheet	Read Replies (2) of 116952

Maybe Bob Johnson, who I find to be a very credible source of gold related info, can clear this up for us all. Quick version: Theoretically about 7 billion ounces of gold should have existed in earth's crust Just under 4 billion ounces has been mined in all history About 1 billion ounces is currently economically mineable Leaves about 2 billion ounces either not found or uneconomic Central bank hold 1.2 billion ounces (30% of all mined) Annual primary gold production is 82.1 million ounces Looks like 14 years, more or less.

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