Is the gold supply shrinking due to less and less gold being discovered. I have not seen this being reported in to many places this morning But it appears the world's top producer Barrick Gold is stating that global gold production is in terminal decline. Below is the article from the telegraph.co.uk
Barrick shuts hedge book as world gold supply runs out
By Ambrose Evans-Pritchard, International Business Editor
Published: 7:20PM GMT 11 Nov 2009
Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world's top producer Barrick Gold.
Full article
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