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Are there economists here?

If you could make (non radioactive) gold AND keep it secret, how much (oz?) could you produce a year without substantially affect gold's market value? Asking for a friend.




The world gold production is about 3500 tons/year. Order of magnitude, you should be able to add about 10% to that without causing the price to move any more than its normal yearly fluctuations.

[0] https://www.lbma.org.uk/alchemist/issue-100/gold-production-...


I’m honestly not sure that the market is looking at supply at all at this point and is focused mainly on gold as a hedge against assets that are part of structured economies (treasuries, the dollar, etc)

I would hypothesize that if you doubled the gold supply in the world you might only see a 1/3 decrease in price because of these dynamics - but I’m not an expert in that market.




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