You might want to trade your gold for silver, no news of silver mountains out there, and the grand canyon is supposed to have billions of ounces of gold.
They have been lying about the scarcity of gold all along.
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Lying about the scarcity of diamonds is the equivalent, in order to manipulate investment interest and fuel a market. So many examples exist of such ploys.
Yes, absolutely, if you want gems, get emeralds, they are geologically rare.
Even investment grade turquoise is better than diamonds.
Every extinct volcano has tons of diamonds in it.
Benitoite is a better investment. Extremely rare California state gem with a refractive index(fire) equal to or higher than diamond.
Good to know.
Don't let DeBeers see you spreading that truth around...!!!😎
Does that mean a 'silver mountain' doesn't exist? I read that same thing 'Mountain made of gold' sounds a bit hyperbolic. I have yet to see any sort of report from an actual geologist indicating how many tons are there, and what impact that has on the inflation.
In any case, my allocation to precious metals is small. I refuse to put 100% of my capital and faith into computer software.
I think the silver bonanza is on the moon.
I just hate the waiting to get over the selling fees, glad I haven't been hoarding it for 20 years.