Big Picture: The Basics

With each passing day the supply/demand function gets more favorable with or without the debt bubble collapsing…

Production has been trending up…

Major new discoveries are way down…

… ALL currently operating gold mines will be run out of gold one day and new mines usually takes decades to get into production.

Time is on our side.

No Central Bank can print new gold supply.

The junior explorers will have to fill the supply/demand gaps with their discoveries.

Economic ounces in the ground are continuously going up in VALUE.

When sentiment is BAD like now it does not show up in PRICE because retail investors are scared.