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Oscarpitbull

684 Posts.

162

18/05/25

09:50

Post #: 79087976
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Originally posted by Skol: ↑

Let's have a look at how much gold is actually being produced each year.

It's gone exponential as new technology enables easier location, excavation, and refining of more of the stuff.
Last year total world gold production was 3,661 tonnes. Including recycled gold, it's 5,000 tonnes.

As the price starts to decline, will big 'stackers' unload it?

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Supply and demand peanut.... the world has been using more gold hence needing more of it
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gold, page-132817

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