Is the World Running Out of Gold to Produce?

Founding partner of Coast Capital, James Rasteh, joins BNN Bloomberg to discuss his investing strategy in gold. Rasteh says he is very bullish on a few miners and that gold production will significantly drop in the next ten years.


The fact is, that last year we spent three times as much capital looking for gold as an industry than we spent twenty years ago. And with three times as much exploration capital, we found only five percent as much gold as was found twenty years ago.