A big difference between Physical Gold and Bitcoin is that Bitcoin has a hard cap on its supply of 21 million Bitcoins. As the gold discoveries below suggest, there is no hard cap on the supply of Physical Gold.
Our plan with Gold is to slowly harvest profits from Gold miners and rotate into Copper & Silver Miners and Bitcoin. Bitcoin because of its hard cap and growing adoption by governments and institutions. We like Silver and Copper because of its demand for the re-industrialization of industry in America and the need to rebuild the USA grid system. In addition, demand for copper and silver for use in Solar, Robotics, Electronics and Auto industries is large and growing. Regulatory approval time to bring on new supplies of copper is longer than for gold.
‘Supergiant’ Gold Deposit May Be Worth Over US$80 Billion
Nature – 18 March 2025, ByMike McRae
A “supergiant” deposit of high-quality gold ore containing an estimated 1,000 metric tons (1,100 US tons) of the precious metal was discovered in central China in late 2024, according to Chinese state media.
Valued at up to approximately 600 billion yuan or US$83 billion, the discovery could be one of the largest and most lucrative reservoirs of gold ever uncovered, surpassing the 900 metric tons estimated to lie within the mother of all gold reserves, South Deep mine in South Africa.
Some commentators are not yet convinced of the deposit’s scale and feasibility, but if the discovery becomes verified, it will represent a major find for China. Link to full story here
Vietnam discovers 12 mines containing over 10 tons of gold
By Gia Chinh April 13, 2025 | 04:32 pm PT
A major gold discovery in central Vietnam has revealed 12 mines containing over 10 tons of gold and 16 tons of silver, according to the Mid-Central Geological Division.
The discoveries were made following geological investigations across 32 areas with gold ore potential.
Vietnamese authorities have identified around 500 gold-bearing locations nationwide. Of these, 30 sites have undergone detailed surveys, revealing an estimated total of 300 tons of gold reserves. Most of these deposits are concentrated in mountainous areas of northern Vietnam and several central provinces.
Starting in 2025, the Department of Geology and Minerals has been launching a new project to evaluate mineral potential in central Vietnam, focusing on localities like Quang Nam, Quang Ngai, Binh Dinh and Phu Yen provinces. Link to full story.
The Moral of this Story is that more gold will be found. Gold Supply will eventually exceed Demand as new sources are brought on line. We do not believe that will happen for the next two to five years, but it will happen. Silver and copper demand will exceed for a longer period looking forward than demand for gold. Bitcoin’s supply is capped allowing much higher prices in the future.
