A comment from a gold article.Toward this end, it’s worth noting that gold discoveries are shrinking in supply as demand for the same is, and will continue, to rise.
In the 1990’s, for example, there were over 180 major gold discoveries(i.e., 1m oz. and higher); in the 2000’s there were 120 such discoveries, 40 in the 2010’s and NONE since 2019.
Think about that for a second or two.
Ann: STK: Sale of Millrose Project for $61M to Northern Star Res., page-3
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