Gold and silver were created in space
There are several theories about how gold and silver were formed in space. One of these theories is based on the explosion of a huge star. A so-called supernova is supposed to have brought gold parts on earth. A big star burns hydrogen to helium, then to carbon, then to oxygen. At the end only an iron core remains, the rest is hurled into space by means of an explosion. And this with an energy that creates elements like gold, silver or even titanium and uranium.
After the moon and then the earth formed, many researchers believe, these meteorites hit the earth, estimated at 20 kilometers in diameter. This then allowed the precious metals to accumulate in the earth's crust. Then the surface temperature sank in the course of approximately two billion years, because the impact of meteorites came gradually to the end. This probably happened three billion years ago.
Gold production in the world is falling. The previous "gold peak", that is, the point where the production volume has reached the peak and begins to decline, is seen in 2018. This is because 3,509.3 tons of gold were mined in 2018, while 3,463.7 tons of gold saw the light of day in 2019. New gold or silver from space is not to be expected. Those who want to bet on the valuable metals can do so not only in physical form, but also with the share values of solid precious metals companies such as Revival Gold or OceanaGold.
Revival Gold - https://www.youtube.com/watch?v=KPYdmh9mod8 - is developing the Beartrack-Arnett gold project in Idaho. This was formerly the largest producing mine in Idaho. Recent drill results yielded up to 10.1 grams of gold per ton of rock.
OceanaGold is among the producers. Its gold and silver projects are located in the Philippines and the United States. Nearly 100,000 ounces of gold (consolidated) were recovered from the ground in the fourth quarter of 2020, up 57 percent from the previous quarter.
Current corporate information and press releases from OceanaGold (https://www.resource-capital.ch/en/companies/oceanagold-corp/).
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