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Gold mining has flatlined...
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Anonymous Coward |
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[ link to www.bbc.com (secure)] "While the growth in mine supply may slow or decline slightly in the coming years, as existing reserves are exhausted, and new major discoveries become increasingly rare, suggesting that production has peaked may still be a little premature," says Hannah Brandstaetter, a spokesman for the World Gold Council.
Even when peak gold happens, experts say the years immediately after it are not likely to see a dramatic decrease in production. Instead, we could see a gradual depletion of output over a few decades.
"Mine production has flat-lined, and is likely on a downward trajectory, but not dramatically so," adds Ross Norman of MetalsDaily.com.So crypto assets are the only thing replaceable until REA (rare earth elements) arrive from the beyond. Quoting: pool it has flatlined because ALL metals including Gold froze in price advancement only shit is moving is the buy power off Dollar/euro If you can't mine gold for the actual price... means price is manipulated very heavily
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