Postal Bullion investigates the current global gold supplies to answer the question “How long will it last?”

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The annual worldwide production of gold, since the time records have been kept, amounts to around 50 million troy ounces per year. The monetary worth of all the gold ever mined comes to around £1,095,424,200,000, which if you consider that gold has been mined since before the Egyptians and Aztecs made it popular, you see there is not too much in circulation.

43% recommended investing in gold coins or bars, especially with the current spot prices, as they could be used as currency, turned into jewellery or liquidated by converting them into cash as the need arose.

Gold has always been a popular form to display wealth, be it in jewellery, art or inlaid in ancient buildings, with this metal also being used as a valued currency for thousands of years. Gold is mined in countries such as the USA, Peru, South Africa, Canada, Australia, India and China but the deposits from these mines are running low. Even though investments in gold and silver have done surprisingly well all throughout 2013 the overall quantity of precious metals are relatively small.

Today gold remains the investors favourite medium for diversifying their savings portfolio by buying gold coins and bullion and the declining supply of gold is a serious cause of concern among these investors. The minimal amount of gold that has so far been mined is a total of 40% of the gold, both mined and what still remains underground, and this has gotten many investors concerned with the estimated stock and value of the remaining gold. Besides highlighting the wisdom in current gold investments, while it is still fairly cheap, the question of whether a market for gold will still be around in the next century is a question Postal Bullion surveyed, here are the surprising results.

Of those who participated in the survey 25% believed that investing in gold mines or gold mining companies, was the safest options for immediate and long-term benefits, 32% believed the most value would be placed on gold jewellery and ornaments, as gold would always be recycled for this purpose, and 43% recommended investing in gold coins or bars, especially with the current spot prices, as they could be used as currency, turned into jewellery or liquidated by converting them into cash as the need arose.

Smart investors are already ahead in this field, but it’s not too late for the remaining population to grab hold of either gold stocks or physical gold as both are readily available and the current market favours these investments. With an optimistic evaluation of 100 years more for this precious metal or the conservative estimate of only 25 years for gold mining left, the fact remains that gold will always be in popular demand.

About Postal Bullion

Postal Bullion (http://www.postalbullion.com/) is a leading UK based online bullion dealer, offering investors the opportunity to buy gold bullion and silver bullion bars and coins at great prices in a convenient way. All items are dispatched fully insured, using a next day delivery service. Visit http://www.postalbullion.com/ for more information.

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