about two thirds of gold miners in the country, will start a
strike over pay tomorrow?
South Africa produced over 1,000 tonnes of gold in 1970 but
production has fallen an incredible 75%, to below 250 tonnes
in recent years .
This collapse sees gold production at levels last seen in 1922.
This has happened despite the massive technological advances of
recent years, more intensive mining practices and a far greater
availability of capital.
![](http://dzswc0o8s13dx.cloudfront.net/goldcore_bloomberg_chart3_02-09-13.png)
South Africa was throughout the 20th century and as recently
as 1996, the world’s largest gold producer at almost
17 million ounces.
Should gold supplies be further hampered it may impact the
already, very tight physical gold market.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91616795
![](http://www.kitconet.com/images/live/au0001wb.gif)
Note;
fiat currency created by khazarian gypsy king pin Rothschild
banksters cult -
as a slave 666 currency with only air and paper backing it -
beware soon NO ONE want the paper fiat -
http://www.biblebelievers.org.au/monie.htm
God Bless
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