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Gold Supply: Have We Hit Peak Gold?

Posted On November 30, 2017 9:29 am

Gold Supply: Have We Hit Peak Gold?

Doomsayers claim gold production is past its peak and we’ll see less and less gold being mined. In their eyes, such a peak in gold supply should drive the price higher very quickly.

But is the hype true? Not according to BMI Research, who released a research paper claiming gold production will rise in the coming years.  Citing successful explorations and a few weaker currencies, BMI forecasts 2.1% growth into the near future for gold production. Bet you can’t guess who the leading country is expected to be?

We’ll let you think about that, then go read today’s featured article to find out who it is.

Related: Will Russia’s Gold be Frozen by the US? 

Originally posted at Mike Hammer – The Gold Enthusiast

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