Jump to content
The World News Media

Bitcoin adoption will lower demand for Gold and hence Gold Mining


Recommended Posts

  • Views 556
  • Replies 10
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

This is good for the environment AND will save a few lives in the process. This might not be good news for gold mines somewhere in Nicaragua however.  I don't expect this to happen overnight

The ten largest gold mines in the world: 1. South Deep gold mine, South Africa 2. Grasberg gold mine, Indonesia 3. Olimpiada gold mine, Russia 4. Lihir gold mine, Papua New Guin

Posted Images

  • Member

The ten largest gold mines in the world:

1. South Deep gold mine, South Africa

2. Grasberg gold mine, Indonesia

3. Olimpiada gold mine, Russia

4. Lihir gold mine, Papua New Guinea

5. Norte Abierto gold mine, Chile

6. Carlin Trend gold mine, USA

7. Boddington gold mine, Western Australia

8. Mponeng gold mine, South Africa

9. Pueblo Viejo gold mine, Dominican Republic

10. Cortez gold mine, USA



Leading countries in gold production in Latin America in 2019


Screen Shot 2020-11-12 at 3.30.15 PM.png

Link to comment
Share on other sites

  • 4 months later...
  • 5 months later...
  • Member
En 12/11/2020 a las 13:10, LNN dijo:

This might not be good news for gold mines somewhere in Nicaragua however.

🤣🤣🤣 Nicaragua is a small country, many people don't even know where it is. But since I work for a company that sells equipment in the industrial sector in Central America, whose 60% of their customers are mines yes that would be sad news

Link to comment
Share on other sites

  • 2 weeks later...
  • 3 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing

    • No registered users viewing this page.
  • Popular Contributors

  • Topics

  • Posts

    • Hordes of small and mid-size banks are now in trouble, and that is really bad news because those institutions issue most of the mortgages, auto loans and credit cards that our economy runs on.  The other day, I asked my viewers to “imagine what our country will look like if the banking system implodes and the economy plunges into a depression”, because if our banks continue to collapse that is precisely where we are headed. JPMorgan Chase & Co analysts estimate that the “most vulnerable” U.S. banks are likely to have lost a total of about $1 trillion in deposits since last year, with half of the outflows occurring in March following the collapse of Silicon Valley Bank. There are more than 4,000 banks in the United States right now, and the vast majority of them are rapidly losing deposits. As a result, U.S. banks are being forced to turn to the Fed for help at a very frightening rate… Banks have been flocking to emergency lending facilities set up after the failures of SVB and Signature. Data released Thursday showed that institutions took a daily average of $116.1 billion of loans from the central bank’s discount window, the highest since the financial crisis, and have taken out $53.7 billion from the Bank Term Funding Program. Meanwhile, the banking crisis in Europe has taken another very alarming turn. Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted. The Frankfurt-listed stock was down 14% at one point during the session but trimmed losses to close 8.6% lower on Friday afternoon. The German lender’s Frankfurt-listed shares retreated for a third consecutive day and have now lost more than a fifth of their value so far this month. The emergency rescue of Credit Suisse by UBS , in the wake of the collapse of U.S.-based Silicon Valley Bank, has triggered contagion concern among investors, which was deepened by further monetary policy tightening from the U.S. Federal Reserve on Wednesday. But what is going to happen to our economy when the flow of mortgages, auto loans and credit cards is greatly restricted? Our country is already being torn to shreds like a 20 dollar suit, and economic conditions are still relatively stable. So what is going to happen when we do fall into a very deep economic depression? These are such perilous times, and they are only going to get more difficult in the months ahead.
  • Members

    • Anna

      Anna 4,479

      Last active:
    • larryjohnson

      larryjohnson 18

      Last active:
    • Ronf73

      Ronf73 0

      Last active:
    • antoine

      antoine 0

      Last active:
  • Recent Status Updates

  • Forum Statistics

    • Total Topics
    • Total Posts
  • Member Statistics

    • Total Members
    • Most Online

    Newest Member
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.