Gold Production Cliff: 2017
By Christian A. DeHaemer | Tuesday, February 5th, 2013
Gold Production Declines: 2017
The NBF note concludes:
On an aggregate basis using mine and project reserves, we forecast an increase in gold production over the next three years as Barrick, Newmont, Goldcorp and Yamana complete the construction and ramp-up cycle for projects that are already in the queue. Thereafter, starting in approximately 2017, production declines are in the cards for nearly all companies as the project queue and discovery frequency are inadequate to replace production.
More gold now, less gold in three years... That should be right about the time the sheeple wake up and realize you can't print your way out of a debt crisis.
p/s
Bottom line: Beli Emas. Kita kekurangan Emas. Harga Emas pasti melambung.
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