The shortage of gold supply

GLDS
GLDS_blog
Published in
1 min readMay 25, 2020

--

American gold miners can not increase the volume of extracted precious metal. At the end of January this year, gold production in the United States froze at 17 tons, which is considered a very low indicator. In addition, the content of the precious metal itself is steadily decreasing in the extracted ore.

The lack of exploration work to open new deposits also puts logs to the fire. They simply do not have enough funding. The spread of coronavirus also contributed to this, and many companies were forced to suspend their work.

All of the above leads us to the conclusion that there is a lack of supply on the world gold market. And at the current rate, it will take quite a while to make up for it.

We remind you that Gdigit has its own deposits where industrial gold production will start soon! Get ready to buy tokens secured with real gold with maximum profit!

GLDS is as reliable as gold!

--

--