We are not 'running out ' of gold, in fact they're mining more each year, the volume is almost going exponential.
New technology is something goldbugs find hard to understand...it's not 'money', they don't ship it around the world like they did decades ago, it's traded online in a split second and most civilised countries couldn't care less about it. In the USA it's a tourist attraction where you can go and look at it...free of charge.
The 'experts' like Peter Schiff and others, predicted a US$20,000 gold price years ago...where is it?
As an investment, it's a complete dud, and I can prove it.
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1 | 15775 | 1.195 |
1 | 8000 | 1.185 |
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Price($) | Vol. | No. |
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