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

To: goldsheet who wrote (67384)4/8/2001 10:47:05 PM
From: Claude Cormier  Read Replies (1) | Respond to of 116764
 
<. We are getting closer to the finite quantity of gold available, with only about 2% added per year, and no major finds on the horizon to cause supply shocks. >

I don't know how much gold there is still left in the crust of the earth, but you have a good point. The easy gold is gone.

On the other hand, as gold exchange rates move higher in coming years and decade, it is easy to suggest that the 2% growth rate will at least be sustained.


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