US: Five Must Gold See Charts – Gold Miners Are ‘Running Out’ of Gold

Jon Banking, Economy, Gold, Market Commentary, Precious Metals

Gold Mining Companies Are Running Out of Gold: Five Must See Charts
‘Peak gold’ – World’s gold production to peak in 2019 and decline Gold found by miners has plunged 85% over past decade Gold mining CEOs turning to deals to combat dwindling reserves Exploration more difficult and firms have cut capex ***
The reality of peak gold production has recently been acknowledged by Bloomberg and some of the financial media. Yet the mainstream, non specialist financial media has yet to cover this important topic with obvious ramifications for the gold market and the gold price in the medium and long term.

This post was published at Gold Core on December 23, 2016.