Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Visual Capitalist has done it again! Working in tandem with Roy Sebag, Visual Capitalist has made a new infographic answering the question ‘how rare are 1 million+ oz gold deposits?’
Click on the image below to see it in its original size.
2 Comments
Porphyry
Shouldn’t Olympic Dam be up there with the revised resource estimates? From Australian Copper Conference 2012-
Olympic Dam
Total Resource 9 129 Mt at 0.86% Cu, 0.027% U3O8, 0.32 g/t Au and 1.48g/t Ag Total Ore Reserve 500 Mt at 1.84% Cu, 0.057% U3O8, 0.76 g/t Au and 3.41 g/t Ag
93 million oz Au off that… Which would top the producing mines list. Pebble might not go ahead.
Creaney
There a number of errors in this visual including stating donlin creek is a producing mine and cerro blanco mine is located in Peru rather than Guatemala.