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Posts Tagged: “gold production“
What Gold Mining Companies Are Telling Their Investors
The most direct way to invest in gold is to buy gold and as SchiffGold advises the smart way to buy gold is to buy gold coins or billions. Sometimes investors bullish on the long-term prospects of gold take a look at the stocks of gold mining companies. Stocks of course lack some of the most attractive features […]
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Gold Mine Output in Key Countries Could Reach “Generational Lows”
Tuesday marked the 167th anniversary of the discovery of gold in Ballarat, Victoria, Australia. Since then, the Aussies have become the second largest gold producing country in the world. But analysts project gold output in the Land Down Under, along with several other key countries, could slump to “generational lows” in the midterm.
Are We Running Out of Gold?
Last May, the head of the world’s largest mining company said we’ve found all of the gold. Goldcorp CEO Ian Telfer told the Financial Times, “we’re right at peak gold here.” Peak gold is the point where the amount of gold mined out of the earth will begin to shrink every year, rather than increase, as […]