FOX NEWS

Friday, November 13, 2009

WE ARE RUNNING OUT OF GOLD! REALLY??

But what about the "Lost Dutchman"?

Seriously. How high will prices have to get before those that have gold start releasing it to the market? Everything seems to be manipulated. Is this what is happening to the gold market?


"Aaron Regent, president of the Canadian gold giant, said that global output has been falling by roughly 1m ounces a year since the start of the decade. Total mine supply has dropped by 10pc as ore quality erodes, implying that the roaring bull market of the last eight years may have further to run.

"There is a strong case to be made that we are already at 'peak gold'," he told The Daily Telegraph at the RBC's annual gold conference in London."

Telegraph


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