Okay in 2016 the world mined 4500 tons of mercury and 3000 tons of gold

and in 2023 the world mined 1600 tons of mercury and 3000 tons of gold.


info per google search.

We are not running out of mercury but we have enough and demand was lower .

a ton of mercury is about 100,000 usd
a ton of gold is about 107,000 million


So it looks like the ability to double the production of gold is very close to being in the worlds technical ability

I wonder if we get to see this happen in the next ten years.

gold would take a big hit in price.


Oh I have found out why Russia and USA
 are melting the ice


Permafrost:
A study published by the American Geophysical Union identified a massive mercury deposit in northern permafrost, estimating 793 gigagrams (about 15 million gallons) of mercury frozen in the soil.


Now 15 million gallon of mercury are about 15,000,000x113.40=1,701,000,000 pounds or  1,701,000,000/2204.62=771,561.539

So 771,561 tons of mercury could be mined and turned into gold from just the permafrost only 216,265 tons of gold have ever been mined

So gold is way way way way over valued if that paper is correct.

And this is why USA wants Canada and Greenland.  Oh Trump will soon be charging Canada for not fighting the forest fires in Canada well enough.

Such fun times.


Back to price 115.7k.

 I got some dip yesterday