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Barrick shuts hedge book as world gold supply runs out

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.



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Thu Nov 12th, 2009 at 01:57:03 PM EST
Peak oil, peak gold, peak climate... one is starting to think God doesn't like us anymore.
by Magnifico on Thu Nov 12th, 2009 at 02:18:44 PM EST
[ Parent ]
The planet was remortgaged to that other guy some while ago.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu Nov 12th, 2009 at 02:26:33 PM EST
[ Parent ]
that's a bit like blaming the host for the fact that the guests are using the picassos for dartboards, and the silk sheets for wiping offal.


~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
by melo (melometa4(at)gmail.com) on Thu Nov 12th, 2009 at 02:32:58 PM EST
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