"Gold production will start to decline, the global money supply will continue to increase and the price of an ounce of gold has not finished rising???" he then goes on to say he is more sure of this prediction than any other he has made
heres another article which refers to a similar situation and may also be what this guy was getting at? In that the money supply has continued to increase whilst gold reserves have decreased by % comparison. http://www.financialsense.com/fsu/editorials/dollardaze/2007/0731.html
the way i see it, gold production will decrease as there are less and less new finds. thus, when the POG does have its day in the sun the lack of supply should also act as another boost and those who are lucky or rather studious enough to be producing will benefit like never before.
ofcourse i am being optomistic others may disagree so DYOR.
