Friday, November 13, 2009

Barrick shuts hedge book as world gold supply runs out - Telegraph

Barrick shuts hedge book as world gold supply runs out - Telegraph: "Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world's top producer Barrick Gold."
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Why don't we all just decide that quartz is the new gold?

1 comment:

haljett said...

LOL

Um... Because quartz is a lot like paper money. Available in great supply and pretty much valueless.