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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: global production/ global money supply.

global production/ global money supply.

posted on Jun 06, 2009 04:19PM

I was just wondering if anyone knew the global production numbers over the last 25 years. Has production been increasing every year? I'm asking the question because i've been wondering if money supply is growing faster than gold production. I think I know the answer (lol).

i'm also curious as to the percentage of the world has even one ounce of gold in their portfolio. The entire world is printing money and wondered what might the price of gold be if even 20% of the world says "I want an ounce of gold" for protection.

Personally, I think gold is headed above $5,000 an ounce over the next 10 years. I think the key will be not to sell too early. Just my thoughts. thanks if anyone has any numbers on production or money supply growth.

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