World running out of gold & there’s no substitute, experts warn | WHAT REALLY HAPPENED


World running out of gold & there’s no substitute, experts warn

People responsible for supplying the world with gold are sounding the alarm, saying discoveries of the precious metal are shrinking and there’s no reasonable substitute.

Mining companies are no longer finding new deposits of gold to replace their aging mines. South Africa’s 140-year-old gold industry – which was once the world’s largest – is currently facing a major crisis. The country’s mineral council says 75 percent of gold mines are unprofitable or barely making money.

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