Ron,,,given that gold can be found almost everywhere,,,,The limiting factor is the cost of production which would limit the currencies,GDP,population......etc......equals national reserves per paper piece of garbage! Speed of production can always be increased based on demand, along with proven reserves which can be increased with additional drilling rigs......An equilibrium will be reached and the elitist manipulators will go on to other things like copper!
...With regard to oil , The POG is going through a major change due to technology! Directional drilling and Ultra deep depths have brought in wells which produce four hundred barrels a day after the initial few months of a thousand barrels a day......Do you want to know about the most stupid business on this planet,,,,ask me more about oil?...I do work for PTRO and Long Beach Oil.
Regards,
Eric Parde |
