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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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<p>[QUOTE="goldcollector, post: 3179685, member: 9088"]GOLD holding around 83 GSR</p><p><br /></p><p>I was checking some numbers on Google, and its pretty amazing to note that every year that passes there is less and less gold in the world on a per capita basis.</p><p><br /></p><p>Google says between 170,000-185,000 tonnes exist. Every year another 2300 tonnes are mined with a small amount being lost or destroyed in industrial processes. About 2000 tonnes are added to existing above ground supplies which is about 1.1% growth.</p><p><br /></p><p>The human population grows about 1.3-1.4% annually.</p><p><br /></p><p>Close to 100% of humanity recognizes Gold as something that is highly valuable.</p><p><br /></p><p>On a per capita basis Gold is more rare every day that passes which is precisely why it has been and always will be the worlds #1 store of value.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 3179685, member: 9088"]GOLD holding around 83 GSR I was checking some numbers on Google, and its pretty amazing to note that every year that passes there is less and less gold in the world on a per capita basis. Google says between 170,000-185,000 tonnes exist. Every year another 2300 tonnes are mined with a small amount being lost or destroyed in industrial processes. About 2000 tonnes are added to existing above ground supplies which is about 1.1% growth. The human population grows about 1.3-1.4% annually. Close to 100% of humanity recognizes Gold as something that is highly valuable. On a per capita basis Gold is more rare every day that passes which is precisely why it has been and always will be the worlds #1 store of value.[/QUOTE]
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