gogogogold .. good news .. gogogold, page-19

re: also production growth factor "increased production = increased supply on market = lower metals prices, over the longer term over producing is not the answer, a combination of smart mining and hedging is the only way to make money over the long term."

WRONG - this only takes into account the supply side of the argument. You need to look at the demand as well. You could have an increase in supply but still be in deficit because demand is rising at a greater rate which will cause prices to rise.