They just keep finding more 😏
Discussion
China keeps getting lucky
That doesn't change the value. New tech needs gold. The issue is that China doesn't give a Fuck about pollution and creates energy sources and digs while we are trapped into the hands of ideologists without basic science and math capabilities. We will all starve to death before getting so angry to hang all of them if China doesn't get the opportunity to invade us in the meanwhile.
I find it really interesting, because when i was in Uni about a decade ago, Dutch dredgers started to mine gold under water. It wasn’t really spoken about but the market back then was already growing rapidly.
The new central bank vault in the Netherlands also has quite some additional space in comparison with the old vault.
Why is that?
Monetary reset.
The more expensive it gets, the more they will find...
I would be willing to bet there are some pretty significant deposits on the Canadian Shield as well, just a matter of finding them.