Post
Topic
Board Economics
Re: Re: Will people come back to gold
by
otong
on 26/05/2019, 23:40:37 UTC
I do not know much about the gold-dollar relationship. But I'm interested in the maximum supply of gold. It is a finite resource and can get exhausted like most mineral resources.
Is there any duration period (or estimate) of when the total gold bars could be all mined globally, just as we have with bitcoins?
And how would exhaustion of the metal affect it's market value?
I think investment using gold has been going on for a long time even before the investment of crypto currencies even though it is an investment in nature and in my opinion investment in crypto currencies is an investment using current developments and technology