Koos Jansen has published another great investigative article on China's gold demand and reserves. It goes very well with the Peak Gold scenario. Apart from the news making it to the mass media it is very important that real money are buying into it already: China is on track for another record year in Gold demand.
Finally the word is out and multiplied by ZeroHedge. Let's wait when the story will hit mass media now.
"Gold production is expected to peak in 2015. As the next chart suggests, the discovery cycle peaked some 20 years ago, and that will only reflect as of this year in the production volumes. Combine this with the falling gold prices (currently right below the average cost of production), and the result is a series of liquidations of miners and mining projects which would lead to an even more drastic short-term decrease of gold output. Read more."
"Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."
When Will China Disclose Its True Official Gold Reserves And How Much Is It?