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Gold — the most expensive metal in 2035?

Global InterGold

 

We are used to the fact that gold can be freely purchased in almost any country in the world. We are always offered a choice of a wide range of investment gold bars and jewelry.

But what if the situation changes in the near future?

 

Alarming forecast

The United States Geological Survey (USGS) has published a gold report for 2019. According to the estimates of this organization, nearly 50,000 tons of the yellow metal are left in the bowels of the Earth, which can be mined using modern technologies: 4,000 tons less than in 2018.

Now the volume of gold mining in the world constitutes 3,300 tons annually. At such pace, available gold deposits will be depleted in 15 years.

“The largest and most prolific gold reserves have already been found,” said Matthew Miller, market research analyst at CFRA Research.

John Ing, president of investment bank Maison Placements Canada, shares the same view, saying the following about gold mining: “It’s fair to say that all the low-hanging fruit has been plucked.”

In the photo: 50,000 tons — all the gold available to mankind in the depths of the earth could easily be transported by one cargo ship.

 

A possible rise in price

Does this mean that gold can become the most expensive metal on the planet by 2035? A number of experts do not rule out this possibility.

According to the associate professor of the Russian Presidential Academy of National Economy and Public Administration Sergey Khestanov, this forecast will become a reality if science does not provide new technologies or an alternative to gold is not found.

 

Ways to get out of the situation

What can save the gold mining industry and ensure the entry of new batches of the yellow metal to the market?

1. The emergence of technologies that will allow mining gold from deeper deposits at a relatively low cost.

2. Extraction of the precious metal from the bottom of the seas or from seawater. This will also require a major scientific and technological breakthrough.

3. Gold expeditions in space. Today, in a number of countries, developments are already underway aimed at extracting useful resources on asteroids.

In the photo: according to the Minerals Council South Africa, a third of the country's gold mines are not profitable.

 

Time for stockpiling

In these circumstances, there may come a time when buying gold will not be as easy as it is today. People who are now stocking a gold reserve without waiting for radical changes in the market will benefit from the situation.

The GIG-OS platform helps forming personal gold reserves. Subscriptions on the platform provide particularly favorable conditions for the purchase of the yellow metal. By purchasing gold now, you are creating the foundation for a secure future for yourself and your family. Given the current situation, in 15 years your gold reserve can rise in price several times.

Use the opportunities that subscriptions provide for purchasing gold on especially favorable terms, planning a strategy for successful procurement and strengthening your Financial Security!

 

 

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Created: 30.03.2020
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