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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Alex who wrote (51319)	4/11/2000 5:57:00 PM
From: goldsheet	Read Replies (2) \| Respond to of 116753

> CB supply overhang :)............ You know what is even scarier than the 1 billion ounces in central banks have accumulated ? In the last 30 years primary gold mine production has added 1.6 billion ounces to the world inventory and keeps adding another 80+ million ounces per year. Considering total world inventory is about 4 billion ounces, that means 40% of the gold mined in ALL human history was mined in the last 30 years.