Question on Charles Schwab Gold AnalysisSubmitted by HuskerSkier on Mon, 04/02/2012 - 16:28
I was at a friends place the other day and was reading his OnInvesting magazine - put out by Schwab - and read this Analysis of Gold:
Now the way they present this will lead readers away from investing in gold, but I had a question on the illustration shown.
It would indicate that roughly 1/3 of the total gold refined in all of history has occurred since 2000.
Does anyone know if this is true, or are they counting all the paper gold that has been sold with no physical backing in this graphic?