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by xapata 1989 days ago
> Yes but the amount of amber, gold, silver, etc. on Earth is a known unknown. There are presumably deposits of gold that we don't yet know about.

There's a difference between known unknown with high variance and known unknown with low variance. As I understand it, astrophysicists have a non-controversial model for how much gold is present on earth. Geologists probably have a reasonable model for how much gold is easily accessible.

1 comments

The last time I looked into this, the mined gold supply seemed to be increasing at a fairly steady 2% per year, over the last N decades I was able to find good data for.
That may have more to do with the pace of mining investment than the total amount of gold, which won't change (until the next meteor impact).