#Gold Update: Bull Run and Mining Expansion đ
đ Goldâs bull run is driving miners to increase production. This cycle is reminiscent of past trends where rising gold prices led to more supply.
đ Unlike gold, Bitcoin is inelastic to demand, making it unique among assets.
đ The production chart shows higher lows as technology improves. Gold production has been consolidating since 2015, but advances in tech and growing demand suggest a significant breakout could occur in the 2030s.
đïž Expect gold production to rise as we approach the 2030s, with technological advancements and new demand driving growth.
Stay informed and watch for developments in gold and tech!