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'.
- Forums
- Commodities
- GOLD
- gold
gold, page-118155
-
- There are more pages in this discussion • 11,236 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)