PEAK GOLD? I guess most will know the world is not replacing gold production by new discoveries, let alone, replacing with good quality high or even median grade gold discoveries. Brent Cook on the theme below and in the link
“We are not experiencing peak gold per se,” he said to the Investing News Network. “What peak gold really means is that we’ve passed the peak of discovery and production.” As Cook explained, roughly 90 million ounces of gold are being mined each year, but only about 40 million ounces are being discovered, leading to a sizable deficit from that perspective.
https://investingnews.com/daily/res...nvesting/gold-investing/brent-cook-peak-gold/
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