>> | No.28402789 File: 427 KB, 4800x4584, global-map-total-fertility-rates-over-time.png [View same] [iqdb] [saucenao] [google] Anyone here concerned about the inflation of precious metals? It's peanuts compared to fiat currency of course.
But I know that at current rates of gold mining the amount of gold in circulation will increase 10-fold by 2100. There are currently 138,000 kilotons of gold mined and it's estimated that 1,150,000 will be mined by 2100.
Silver and Platinum will be mined even more while the global population is projected to decline. Won't more precious metals and fewer people result in the valuation of the precious metals going down? (not compared to fiat since those inflate even faster).
Just some legitimate concern, I myself hold a bunch of 22.8g silver coins and a gold eagle.
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