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To: long-gone who wrote (43538)10/22/1999 10:06:00 AM
From: goldsheet  Respond to of 117272
 
> they simply can not be more efficient than Central Bankers

CBs are the second best "miners" in the world, with 1.1 billion ounces in reserve, an ore grade of 32,150.75 ounces per tonne, and have historically supplied the market with an average of 300mt per year.

The best "miner" is secondary scrap, with almost 2 billion ounces of jewelry/bars/etc.. in reserve, an ore grade from 14k-24k, and has historically supplied about 600mt per year.