Let's have a look at how much gold is actually being produced...

Let's have a look at how much gold is actually being produced each year.

It's gone exponential as new technology enables easier location, excavation, and refining of more of the stuff.
Last year total world gold production was 3,661 tonnes. Including recycled gold, it's 5,000 tonnes.

As the price starts to decline, will big 'stackers' unload it?