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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.27-0.2%Nov 21 4:00 PM EST

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To: Secret_Agent_Man who wrote (56659)10/20/2009 1:46:33 AM
From: energyplay1 Recommendation  Read Replies (3) of 217986
 
A chart of long term gold production shows a large ramps starting in 1980...

Scroll down to the last chart in the series, gold per person worldwide is increasing -

goldsheetlinks.com

The people who sold gold forward - shorted gold (like Barratt) - did well for a long time. It could be that players like JPMorgan are holding commitments for gold delivery from miners running from 2010 out for several years.

>>>So the gold shorts may not win, but they may not lose.<<<

Nice pie charts show that many countries are producing gold now.

Look at South Africa vs. World Production, and then Russia production decline, China ramp up to previous Russian levels.

goldsheetlinks.com
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