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Does such news have an impact on the gold price or is it just news?
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@Iwanowitsch are news but could of course also have an influence on the price 🤷🏼‍♂️
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@user03 but then I wouldn't share it because it could cause unnecessary unrest or spread negative vibes 🥹
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@Iwanowitsch no why then? It's a good thing in itself, at least in my opinion 😅
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@user03 Isn't our gold worth less if there is suddenly more gold?
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@Iwanowitsch but it could well happen, but then you would have better entry prices again
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Well, the total amount of gold mined in the world is worth around 16900bn and the 80bn more will probably not really have an impact on the gold price
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@Hotte1909 Thanks Patrick :)
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@Iwanowitsch I would say.... that's about half a percent more gold.
The article doesn't say whether it is being mined now. Presumably there are still plenty of spots where gold/gemstones or whatever are stored that simply cannot be mined economically. Just like diamonds in volcanoes
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@Iwanowitsch oh thanks, forgotten again 😬 (post deleted)
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