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IPFS News Link • Precious Metals

Barrick Shuts Hedge Book as World Gold Supply Runs Out

11-11-2009 • London Telegraph

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.

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Reported By Jet Lacey

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1 Comments in Response to Barrick Shuts Hedge Book as World Gold Supply Runs Out

Comment by Lucky Red

Entered on: 11/12/2009 12:03:24 PM

Hmmm...that doesn't worry me. I know a coupla Latino guys that have enough gold on their teeth to restock all the depleted gold mines in all of Africa.

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