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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: TrueScouse who wrote (11446)11/13/2009 7:38:31 AM
From: Wade  Read Replies (1) of 48092
 
If one think a slightly longer term about worldwide population growth at more than 1% exponentially one would never make that kind of statement. It means the miners have to increase supply of 1% exponentially just to keep up the population growth.

If we take a 10 year view we will find out that it is an impossible task. The same applies to many commodities.

This is a good link:


Message 26002999

He said: "The greatest shortcoming of the human race is our inability to understand the exponential function"
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