GOLD 0.51% $1,391.7 gold futures

gold, page-118155

  1. 33,118 Posts.
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    Are you sure you're a bean counter...or a psychologist?

    I did about 2 minutes research the other day...turns out there's about 205,000 tonnes of gold above ground worth about $11 trillion.

    Annual gold production has increased 26% since 2010. If this rate of production keeps expanding there could be a problem because the world population has expanded only 14% over the same period and will continue to slow.

    To keep the gold price up more people will have to buy gold, and younger generations aren't 'stackers'.
 
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