But be careful, readers, of the scale on the graph. As someone who has fiddled with scales many time to enhance (or hide) trends in corporate presentations, it can be a very effective way to create whatever impression you want to get across.
At first glance at the graph, it looks like gold production has fallen off the edge of a cliff, UNTIL you look at the scale. It has been drawn within an 8% range.
If the graph were drawn between 0 and 100moz, it would be immediately apparent that gold production has only dropped at little over 8% in 8 years. Significant yes, but not enough to cause a stampede of the Perth Mint.
Whilst gold production may have droped by less than 1% per year, I expect a greater return than 1%pa! :)
I am still strong on gold though... I like TRY, and AAM. Check out their EV's and production profiles relative to their mcaps.
