SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: Gerd Schwarz who wrote (43199)10/17/1999 7:19:00 PM
From: Hawkmoon  Read Replies (3) | Respond to of 116790
 
"Population rising above 6 billion"

I'll tell you what Gerd...

They're going to be more interested in buying the basic essentials of life before they buy any gold.

Somewhere out here someone posted a statistic about how the US economy now accounts for 33% of global GDP, instead of the 20% it formally held prior to the Asian "contagion".

Somehow I think these nations have a lot of ground to make up for and people buying jewelry and trinkets fall short on their list of priorities.

Also, there is some dispute as to how accurate those US figures actually are since on a global average population must grow at 2.1% just in order to sustain its current level. (of course someday we'll cross that population level).

Just my opinion.

Regards,

Ron




To: Gerd Schwarz who wrote (43199)10/17/1999 7:30:00 PM
From: Giraffe  Read Replies (2) | Respond to of 116790
 
>>World-Population doubled since 1960. They all will need or want maybe just about an ounce or so. <<

Does anyone have a chart that tracks the ratio of gold ounces per person over time? Was the ratio any different in 1960 or 1930?