If you mine gold without telling anybody then would the value of gold decrease?
Answer by managers of GOLDIVANTI LP
Only if you mine much of gold, without telling anybody, and without selling that gold, the price of gold would slowly increase, and at some point of time, you would be able to sell it. Such sale of accumulated gold would need to be carried out carefully, as the sale alone could bring the prices down.
I am referring to big companies such as Anglo Gold Ashanti who produce tonnes of gold every month.
For small quantities, and everything below few tonnes, this would make no influence on the gold market. If you did not tell anyone, how it can influence someone?
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