Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claude Cormier who wrote (74074)	7/27/2001 2:38:13 PM
From: goldsheet	Read Replies (2) of 116762

> above ground gold inventories increased by only 30-35% in the last 22 years Since 1980, primary mine production produced 1.34 billion ounces. There are currently about 4Boz above ground, so the increase would have been from about 2.66 to 4.00, up 50% From 1970 (all the data I have), 1.75 billion ounces were produced, which would be an increase from 2.25 to 4.00, up 78% Almost 50% of all the gold mined in all of human history was mined in the last 35 years (or so). Gold production has increased faster than world population during this timeframe - simply amazing !!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next