{"id":31288,"date":"2018-02-20T10:16:04","date_gmt":"2018-02-20T15:16:04","guid":{"rendered":"http:\/\/olduvai.ca\/?p=31288"},"modified":"2018-02-20T10:16:04","modified_gmt":"2018-02-20T15:16:04","slug":"top-gold-producers-mine-supply-to-fall-right-when-potential-investment-demand-to-surge","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=31288","title":{"rendered":"Top Gold Producers Mine Supply To Fall Right When Potential Investment Demand To Surge"},"content":{"rendered":"<header class=\"entry-header clearfix\">\n<h3 class=\"entry-title\"><a href=\"https:\/\/srsroccoreport.com\/top-gold-producers-mine-supply-fall-right-potential-investment-demand-surge\/\">Top Gold Producers Mine Supply To Fall Right When Potential Investment Demand To Surge<\/a><\/h3>\n<p class=\"entry-title\"><span style=\"color: #333333; font-size: 16px;\">The gold market is setting up for a perfect storm as the top mining producers\u2019 supply is forecasted to decline right when demand is likely to surge.\u00a0 The surge in gold demand will occur as the broader stock markets roll over and begin their inevitable massive correction.\u00a0 Due to the tremendous amount of leverage in the system, the coming market correction will be quite violent at times.\u00a0 If investors believe the correction is over, and high times are here again, then they haven\u2019t learned anything about the cyclical nature of markets.<\/span><\/p>\n<\/header>\n<div class=\"entry-content clearfix\">\n<p>For example, I have stated that Bitcoin and the Crypto Market are classic bubbles, and wasn\u2019t at all surprised by the collapse of the Bitcoin price from $20,000 to $6,500 in a short period.\u00a0 However, now that Bitcoin and the Crypto Market have reversed, I see analysis and comments that anyone suggesting that Bitcoin is in a bubble is flat out wrong.\u00a0 <strong>I would kindly like to remind these individuals that markets don\u2019t go down in a straight line.<\/strong><\/p>\n<p>We can see this quite clearly in the following two charts which came from the article,\u00a0<a href=\"https:\/\/www.zerohedge.com\/news\/2018-02-17\/bitcoin-nears-11000-heres-history-its-biggest-ups-and-downs\"><em><strong>As Bitcoin Nears $11,000, Here\u2019s A History Of Its Biggest Ups And Downs<\/strong><\/em><\/a>:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18291\" src=\"https:\/\/d363rfd1yb12dr.cloudfront.net\/wp-content\/uploads\/2018\/02\/Bitcoin-Price-Chart-2012-2013.png?x65756\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" srcset=\"https:\/\/d363rfd1yb12dr.cloudfront.net\/wp-content\/uploads\/2018\/02\/Bitcoin-Price-Chart-2012-2013.png?x65756 902w, https:\/\/d363rfd1yb12dr.cloudfront.net\/wp-content\/uploads\/2018\/02\/Bitcoin-Price-Chart-2012-2013-768x408.png?x65756 768w\" alt=\"\" width=\"600\" height=\"319\" \/><\/p>\n<p>The price of Bitcoin in 2013 surged higher, crashed and then corrected higher before falling over the following year.\u00a0 The same thing took place in 2013 and 2014:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18292\" src=\"https:\/\/d363rfd1yb12dr.cloudfront.net\/wp-content\/uploads\/2018\/02\/Bitcoin-Price-Chart-2014.png?x65756\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" srcset=\"https:\/\/d363rfd1yb12dr.cloudfront.net\/wp-content\/uploads\/2018\/02\/Bitcoin-Price-Chart-2014.png?x65756 906w, https:\/\/d363rfd1yb12dr.cloudfront.net\/wp-content\/uploads\/2018\/02\/Bitcoin-Price-Chart-2014-768x404.png?x65756 768w\" alt=\"\" width=\"600\" height=\"316\" \/><\/p>\n<p>At the end of 2013, the Bitcoin price surged more than ten times to a high of $1,150 before falling to nearly $500, reversed direction and shot back up to $900+.\u00a0 However, over the next year, the Bitcoin price trend was lower.<\/p>\n<p>Now, I put this chart together to compare the current Bitcoin price trend with the previous graphs:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18294\" src=\"https:\/\/d363rfd1yb12dr.cloudfront.net\/wp-content\/uploads\/2018\/02\/Bitcoin-Price-Chart-Current-NEW.png?x65756\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" srcset=\"https:\/\/d363rfd1yb12dr.cloudfront.net\/wp-content\/uploads\/2018\/02\/Bitcoin-Price-Chart-Current-NEW.png?x65756 869w, https:\/\/d363rfd1yb12dr.cloudfront.net\/wp-content\/uploads\/2018\/02\/Bitcoin-Price-Chart-Current-NEW-768x539.png?x65756 768w\" alt=\"\" width=\"600\" height=\"421\" \/><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Top Gold Producers Mine Supply To Fall Right When Potential Investment Demand To Surge The gold market is setting up for a perfect storm as the top mining producers\u2019 supply is forecasted to decline right when demand is likely to surge.\u00a0 The surge in gold demand will occur as the broader stock markets roll over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[374,18736,2908,9567,18735,647,12073],"class_list":["post-31288","post","type-post","status-publish","format-standard","hentry","category-economics","tag-gold","tag-gold-investment-demand","tag-gold-market","tag-gold-mining","tag-gold-producers","tag-precious-metals","tag-srsrocco-report"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31288"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31288\/revisions"}],"predecessor-version":[{"id":31289,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31288\/revisions\/31289"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}