How can it be a dwindling availability and constrained supply? They have been mining it for 5,000 years? Peak oil to now peak gold? The only reason supply had not peaked if there is such s measure is because the cost of production is not very far from the cost of the commodity. If gold was worth say 5,000$ then you will see that UG operations of 0.5 gpt will be economical and the supply quickly fill the void of demand. This commodity is no different to crude. There are heaps out there and the measure of economic viability keeps changing according to supply and demand.
Every commodity suffers from market cycle. Who knows how long this one or any other one will last?
