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

To: goldsheet who wrote (74082)	7/27/2001 7:40:17 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 116762

<Since 1980, primary mine production produced 1.34 billion ounces.There are currently about 4Boz above ground, so the increase would have been from about 2.66 to 4.00, up 50% From 1970 (all the data I have), 1.75 billion ounces were produced, which would be an increase from 2.25 to 4.00, up 78%> Your numbers may be better than mine, the numbers I have are 1980: 100,000 to 105,000 ton of gold 2001: 136,000 tons. <Almost 50% of all the gold mined in all of human history was mined in the last 35 years (or so). > And what is the percentage of global money stock that was printed in those same years...Huh ! 80-90% !!! Simply amazing!!! What is important here is the numbers of dollars, Euro and other papers available to buy each ounce available.