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: Coyoty (coyoty) wrote,
2009-11-14 23:02:00

Coyoty
coyoty
2009-11-14 23:02:00

We're running out of gold!

The Canadian company Barrick Gold, the world's largest gold producer, has announced that the world's gold supply is running out. The year 2000 was apparently the peak for gold production, and since then, the quality and quantity of mined gold has been declining. Meanwhile, banks around the world are hoarding gold in response to the shortage.

http://www.telegraph.co.uk/finance/newsbysector/industry/mining/6546579/Barrick-shuts-hedge-book-as-world-gold-supply-runs-out.html

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