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Ariana33
Member since October 2018
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Why changes in Gold production don’t matter

- Steve Saville - Speculative Investor

"The reality is that the contribution to total gold supply made by newly-mined gold is so small that changes in mine production should be considered irrelevant when assessing gold's upside potential relative to its downside risk." Very interesting and good to know. I will continue to buy gold without worrying about the articles you are talking about. I just check prices on a dealer's site like bullionexchanges.com

Commented 1979 days ago

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Beginning of the headline :Most analyses of the gold market consider the annual change in the amount of gold produced by the mining industry to be an important determinant of the gold price, with bulls regularly supporting their case by citing the mining industry's inability to ramp up production and bears sometimes claiming... Read More

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