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Gold prices and silver, 50 years?
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<p>[QUOTE="medoraman, post: 1841243, member: 26302"]ALSO, I would say that this chart stops at 2012. Have they calculated in Rio Tinto's new operation in Mongolia? The world's largest copper/gold deposit is being mined now. They are supposed to be producing about half a million ounces of gold per year for the next 40 years just from this one new mine. There are other new mines around the world being opened up as well. It takes at least five years to open a new mine.</p><p><br /></p><p>Again, pointing out the danger of betting on "peak gold" might be very dangerous.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1841243, member: 26302"]ALSO, I would say that this chart stops at 2012. Have they calculated in Rio Tinto's new operation in Mongolia? The world's largest copper/gold deposit is being mined now. They are supposed to be producing about half a million ounces of gold per year for the next 40 years just from this one new mine. There are other new mines around the world being opened up as well. It takes at least five years to open a new mine. Again, pointing out the danger of betting on "peak gold" might be very dangerous.[/QUOTE]
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