Resolute extends life of Queensland gold mine by three years

Work off PNG has stopped, but international waters beckon.

Central banks fueled the supply of gold by 400-500 tons per year on average between 1989 and 2007, they are now increasing demand by the same factor.

Volatile but profitable.

It costs $100,000 just to cover the public company filing fees, pay for the financial audits, and share an office and phone line. If you have a secretary, president, and geologist on staff you’re looking at around $400,000 a year minimum.

Mexico, Brazil, Colombia, Argentina and Paraguay have recently been adding to their bullion holdings. And this might be only the beginning.

Like a mausoleum

Platinum will be depleted in 20 to 30 years.

Gold confiscation is more widespread than remembered

German Bundesbank, the Bank of England and the Reserve Bank of Australia were all involved