Sep 3, 2018 · 1 min read
As a geologist with some 40 years under my belt, I’ve heard stories like this again and again and again. The reality is that, as a commodity’s value goes up because of a shortage of supply, so geologists and prospectors go out to look for new deposits of the same commodity. The result to date is the world is not short of any mineral commodity — even though Paul Ehrlich predicted catastrophe and commodity and food shortages by the 1980s — and it never will be, so long as we allow market forces to operate with minimal restrictions.