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Resource Depletion


Cointreau

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Why is zinc represented by a saxophone? lol

The important point I take from this is one he himself makes, but from the point of view of the stacker it is quite exciting:

 

When we will “run out” of each mineral in this chart is based on current reserves and prices. If the gold price doubles, then suddenly it is economic to mine more.

 

Look at like this. As reserves deplete, prices have to increase to make further mining possible. Further mining is essential to many industries, so prices will have to increase.

 

Patience friends, our day will come! lol

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