A Timeline On When The World's Resources Run Out

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When Will It All Run Out? -- Zero Hedge

Nothing lasts forever (except central bank dovishness) in the real world. Here is an interpretation of when the world will run out of each metal or energy source...

As Visual Capitalist notes,

There is a limited supply of these commodities – and if there are no discoveries, no price changes, and no changes in consumption, we are running out relatively soon. In my opinion, there are two caveats that are always worth considering when looking at something like this.

1. "Reserves" are an engineering number that are based on economic viability. Technically speaking, there are small concentrations of gold everywhere. It is just not usually viable to mine 0.1 g/t gold. When we will "run out" of each mineral in this chart is based on current reserves and prices. If the gold price doubles, then suddenly it is economic to mine more.


2. This chart is a reminder that something has to give. Either prices are going to have to go up, or new amazing discoveries have to be made to keep prices down. It's basic economics, and either way it seems that there are many opportunities in the mining industry for investors and speculators on both fronts.


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CONTINUED FROM YESTERDAY

"You guessed right my friend," Tanko said. "But why is that boy so greedy? That was how he went to pluck oranges behind the cathedral. We plucked eight oranges and he wanted to have five simply because he was the one who suggested the idea," Tanko said. "That is his way? He's just like his father, the devil's merchant," Sulu said. He had heard one man Maigona say of bawa's father one day and he remembered it today. "Orange'?" Garba said. His father had a farm in Dogongari and had about seven trees of oranges and several of other fruits including mango, guava, almond, and cashew. Orange and guava were his favourite but he never ate mango because one day when he was much younger, he had followed his mother to the farm to harvest maize. He had gone to the mango tree with Buba, one of his fathers' sons, whom he had met in the farm. Buba plucked several mangoes and they sat beneath the tree to eat. He ate many and later while he was returning home with his mother, his stomach began to ache and he soon began to stool. It was frequent and it disturbed his mother. It took him two days to get cured and he always remembered that day and ever since, he never touched mango. But he was in love with oranges. In fact, he missed the oranges in his father's orchard. "Yes orange. There's an orange tree behind the TO BE CONTINUED TOMORROW....PLEASE VISIT OUR BLOG AGAIN TOMORROW FOR A CONTINUATION OF THIS AMAZING STORY!}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}