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Another Billionaire Warns “We’re Running Out of Gold” at an Alarming Rate

Another Billionaire Warns “We’re Running Out of Gold” at an Alarming Rate (ZHE) — A few months ago SovereignMan.com’s Simon Black published a note explaining that major gold discoveries are shrinking. Simply put, mining companies are no longer finding vast, new deposits of gold to replace their aging mines. I quoted Pierre Lassonde, the billionaire founder of gold royalty giant Franco-Nevada and former head of Newmont Mining: If you look back […]Source: Another Billionaire Warns “We’re Running Out of Gold” at an Alarming Rate

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