kitco.com/news/2023-11-02/Central-banks-bought-77-tonnes-of-gold-in-Sappeneptember-337-tonnes-in-Q3-WGC-s-Gopaul.html
prnewswire.com/news-releases/new-survey-reveals-10-8-of-the-american-population-owns-gold-while-11-6-owns-silver-301122041.html
oxfordegoldgroup.com/articles/who-owns-the-most-gold-privately/
Who Owns the Most Gold Privately?
John Paulson
Ray Dalio
Indian Families
Stanley Druckenmiller
Eric Sprott
The Royal Family of Saudi Arabia
The World Gold Council reports an estimated 208,874 metric tons of gold mined worldwide. Even knowing that, it’s impossible to estimate how much gold in the world remains. While there is plenty, much of this physical gold is too deep to mine. Experts estimate that at a rate of 3,000 metric tons per year, the world’s gold will last less than 18 years.
I'm no expert, but I don't think we'll ever run out of gold. If what they taught us about the formation and destruction of stars is true, there should be asteroids out there with tons of gold.
They still try to push the concept of "peak oil" even though we now know oil is created within the earth and has little to nothing to do with fossils.
Being a Christian, I believe that God provides for all of our needs in abundance and scarcity isn't really a thing.
I believe this completely.