‘Massive’ gold intercept at El Zorro, shows project’s large-scale potential, page-20

@Hateful8 - let me first state that you are a terrific poster and i i enjoy your posts and research. But I do need to weigh into the debate here. Whilst you post a list of 15 different uses of Gold - there are really only THREE or FOUR material uses of gold and one of those is in decline due to the rising gold price.

The other 12 uses are either historical or the actual use of Gold results in immaterial demand. The THREE uses are Jewellry, Govt stores in Reserve Banks and Technology - this third one is in decline as Tech providers are using alternative (and much cheaper) conducting metals to replace gold in phones, etc etc.

The other demand for Gold is in the ETF market where the ETF exposure is linked to a physical holding in some place - so you could add in a 4th - Investment Gold - Not Gold Coins as i dont really know of any country who still uses Gold coins in general circulation - yes they make gold coins for collectors but this not a huge market.

So as long a Indian and Chinese people buy Gold Jewellry as they move from poverty to some form of wealth then the price should tick up - purely due to the rarity of gold.

My 2cents to the debate. And am a big believer in TSO - been long since 2.9c.