As a scarce precious metal, it has a wide range of applications and values around the world. However, according to the worldAssociationsshows that there is a global surplus that can be minedThe number is already less than 520,000 tons, this figure is worrying. This article will look at the globereserves, the dilemma of exploitation, and creditCurrencyand other aspects of the in-depth **.
According to the worldAssociationsHumans have mined about 20 percent so far90,000 tons, half of which is used forIn the production of jewelry, a quarter is used in the form of gold bars, gold coins and other forms for investment in kind. The remainder is used for industry andFinanceInstitutionally held. However, this amount is not large globally and can be minedQuantities are limited. According to the worldAssociationsof the remaining mineableThe number is less than 520,000 tons. Even if all of them are mined, plus what has already been mined, the total still does not exceed 2610,000 tons. This amount is far from satisfying the current needs of the people of all countries around the worldneeds.
However,'s scarcity is where its value lies. Countries around the globe are actively doing thisexploration, but the results obtained are not satisfactory. This means:The supply will face an increasing dilemma, rightInvestors andThe industry has brought challenges.
It is a treasure from the depths of the earth, but its exploitation is not an easy task. OreUsually found deep undergroundMiningIt is difficult and costly. At the same time,OreThe reserves are also relatively limited, and it is difficult to find more high-grade gradesOre。In addition to that,Mining is also affected by the environment andGeologyConditions. Therefore, even countries across the globe are actively mining, but the growth of mining volume is relatively limited.
In addition,Mining also faces social and environmental problems. SomeBackward mining methods and serious pollution have brought a non-negligible impact on local communities and the ecological environment. This also makes some countries rightMining is restricted and regulated, resulting in a global scale** Uncertainty has increased further.
At present, major countries in the world use creditCurrencysystem, i.e. issued in **CurrencyOn the basis of the state, with the state credit as a guarantee. However, creditCurrencyThe issuance of is often prone to causeInflationwithEconomyInstability. Central banks use money printing as a means to increaseAmount of currencyto stimulateEconomyIncrease. However, there are also certain risks associated with, such as:InflationwithCurrency depreciation。WhileAs a kind of physical wealth, it will not be printed at will, and its stability and ability to retain value are highly recognized.
The gold standardThe system refers to:AsCurrencyissuance and redemption standards. YesThe gold standardThe people of the system believe that this system can be reducedInflationand so onEconomyImpact, protectionCurrencystability and value. However, due toReserves are limited andThe value is relatively high and is actually recovering againThe gold standardThe system has become unlikely.
Currently globalCurrencyThe system existsNational sovereigntyrestrictions between different countriesCurrencyThere are discrepancies and fluctuations. In order to settle the creditCurrencydefects and stability worldwideEconomySome scholars advocate the creation of a world monetary system that transcends national sovereignty. Such a system can be:International Reservesand ** settlement tools, thereby reducingCurrencyVolatility and instability.
However, to achieve such a thingWorld currencyThe system is very difficult. Countries inCurrencyPolicy andEconomyThere are differences and competition in interests. Therefore, it is necessary to reach a global consensus and build a transcendent national consensusCurrencyThe system takes time and effort.
In summary, there is a global surplus that can be minedThe lack of numbers is worrying. Mining dilemma, creditCurrencyand the establishment of a world monetary system that transcends national sovereignty and other issues require us to think deeply and **. It is only through cooperation and global consensus that it is possible to find a way to solve the problem, guaranteeFinanceStable andEconomySustainability of development. At the same time, inFinanceIn the continuous innovation and exploration of the field, other forms and tools may emerge to meet the needs of peopleneeds andFinanceSecurity requirements.