51 New Gold Standard: No Central Bank Required | Special: An Individual Gold Standard is Coming if you Want it (www.zerohedge.com) posted 117 days ago by MuckeyDuck 117 days ago by MuckeyDuck +51 / -0 New Gold Standard: No Central Bank Required ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero 18 comments share 18 comments share save hide report block hide replies
I've read recently that gold, like diamonds, is not as rare as we have been told. I'm wondering if a gold dump is coming?
The more expensive gold gets, the more mining happens, then the less expensive it gets
Fun Fact: 220,000 tonnes is the total gold mined (the gold that exist on surface) in history.
You could say the same for silver, but do you know how long it takes to get a mine up and running? Let alone scouting for sites
The rarity factor of Gold is not the key determinant of Golds value. Many elements are more rare than Gold yet not a valuable.
metals always have dumped steeply.
Almost like someone doesn't want you to buy any... 🤔
Maybe🤷♀️. But I also think there could be some truth to it, recognizing what has been done to inflate the value of other "valuable" commodities.
If true , to what advantage would anyone have to expose it ?
And if a single holder had most of it there will be extreme advantage in protecting that information.