Loading ...Good analysis by Ringdahl. It’s just amazing to me that 16 producers, including the two largest in the world, only have a market cap of $264 billion dollars.
Especially when you look at new issues like SpaceX at over $2 trillion out of the gates. 10 x the value of these miners.
At some point, unless they find a way to manufacture gold in a lab, there should be a serious adjustment in value.