Tuesday saw a wake-up call on Miningnews.net: the spectre of "peak gold". It may be one of the most important pieces published here for some time.
In the past, dire warnings of peak-this or peak-that have tended to come from outside the industry, from everyone from the Club of Rome in the 1960s to various green obsessives in more recent times.
This time, it's different. The warnings are coming from within the gold industry, from the CEOs who can actually see what is happening.
Assuming they're right (and the fact that gold producers are up against it in terms of replenishing their reserves suggests there is a serious problem), then...