#Gold's bull run is once again kicking miners into high gear to expand the supply. Note #Bitcoin is the only asset that is inelastic to demand which makes it unique. What I find interesting is that this chart is printing higher lows as technology gets better. IMO this chart will breakout in the 2030s and we'll see much more gold enter the market. Gold production has been in consolidation since 2015, but the exponential climb in tech and new demand is ready to move gold production to the next level.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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