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Thread: Are we nearing peak gold ?

  1. #1

    Are we nearing peak gold ?

    Last numbers I saw had 2016 gold mining production down 1 percent at 3260 metric tons and the first half of 2017 about 1557 metric tons on pace for a similar decline . With the possibility of gold demand rising .



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  3. #2
    Rumors are , canada and mexico will be excluded from new tariff tax on steel and Aluminum.

  4. #3
    Quote Originally Posted by oyarde View Post
    Last numbers I saw had 2016 gold mining production down 1 percent at 3260 metric tons and the first half of 2017 about 1557 metric tons on pace for a similar decline . With the possibility of gold demand rising .
    Looks like it (production) is still rising.


    https://www.juniorminingnetwork.com/...gold-mine.html


    https://www.statista.com/statistics/...on-since-2005/

    In 2005, world gold production amounted to 2,470 metric tons. Since then, world gold production increased steadily up to an estimated 3.15 thousand metric tons in 2017.
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  5. #4
    Quote Originally Posted by Zippyjuan View Post
    Looks like they picked it up in quarter four .



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