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Month: June 2016

Empty Gold Mine

Limits on Gold Supply The World is Running out of Gold

The world is running out of gold. It is projected to be in short supply a few decades from now. This is because in contrast to commodities that can be created like currency, real estate, bonds, etc, no one can create gold. The availability of gold depends on supplies availed by nature. If we don’t discover new gold sites to…

The Real Value of Gold: Production of Gold Should Slow Down

Although the production of gold is continuing at a steady pace and the value of gold inherently strong, there are limitations the production rate faces, which include the limited amount of ore, other hurdles faced in the regulatory and technical fronts etc. Also, over the past decade, the average time required to build a gold mine has doubled, which was…