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  • peak gold

    I don't know if this was covered here, but gold production is dropping since 2000. Incidentally, this is when gold priced really took off. So, gold price is not just inflation, but also supply and demand and cost of production as well.



    from: http://www.theoildrum.com/node/5960

  • #2
    Re: peak gold

    I would say it's difficult to separate cause and effect here. Check out the dip at 1980. There is a feedback loop.
    It's Economics vs Thermodynamics. Thermodynamics wins.

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