When you say 99% of what has been mined is still available for...

When you say 99% of what has been mined is still available for sale, do you mean in the history of everything that has ever been mined?

That may be true, but i'm sure 99% of people that hold gold aren't willing to sell it at today's price. How much gold is tied up in the basements of central banks around the world that's probably never going to see the light of day again?

You may be right that 99% is potentially available for sale, but a much smaller perentage of that ACTUALLY is for sale. Current production still makes a difference in price discovery, simple supply and demand. You think annual demand for gold will simply stop getting it from mines and just start trading between each other and sink the gold price to $300 an ounce?

I find it hard to believe but i'm not going to argue the point with someone who has no MML stock or sentiment towards the stock.

I won't be posting any further in this thread, made my opinion and position clear for those that are interested.