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Hi James,<br>
<br>
There's a good graph on this page that convinces me the production
of Gold is exponential in a complex Moore's law like way:<br>
<br>
<a href="http://www.numbersleuth.org/worlds-gold/">http://www.numbersleuth.org/worlds-gold/</a><br>
<br>
But this graph only goes pack to 1900, so the commodity noise some
seem to be so focused on, is very visible in this graph, compared
to the much longer exponential production that I think would be
obvious, and make all this other noise irrelevant, if you pushed
this back another 10,000 years.<br>
<br>
Perhaps someone like Gordon, who values these kinds of temporary
commodity noise, and thinks that kind of noise is all that is
relevant, will not be convince by just this graph? What do you
think Gordon, does this graph convince you that the production of
gold is growing at an accelerating law of returns (i.e. complexly
exponential, like Moore's law?) rate? Is there anyone for which
this graph fails to convince them the production of Gold follows a
Moore's law like complex exponential growth rate?<br>
<br>
Brent Allsop<br>
<br>
<br>
On 7/15/2013 3:07 PM, James Carroll wrote:<br>
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<blockquote
cite="mid:CALbjWneDub292zuR+nN=GoG_M5WbZUb2TCQuA8jq1wtc4412=g@mail.gmail.com"
type="cite">
<div dir="ltr">On Mon, Jul 15, 2013 at 2:14 PM, Brent Allsop <span
dir="ltr"><<a moz-do-not-send="true"
href="mailto:brent.allsop@canonizer.com" target="_blank">brent.allsop@canonizer.com</a>></span>
wrote:<br>
<div class="gmail_extra">
<div class="gmail_quote">
<blockquote class="gmail_quote" style="margin:0 0 0
.8ex;border-left:1px #ccc solid;padding-left:1ex">
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<div>
<div>You completely missed what I was trying to
say. There are are two accelerating law of
returns effecting the valuation of Gold. Like
Bitcoins, it is the growing economy which has the
most profound effect. But, unlike Bitcions, the
supply is growing, exponentially, in an equally
profound accelerating law of returns way. These
to complex laws of accelerating returns, basically
cancel each other out in the long term. </div>
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</blockquote>
<div><br>
</div>
<div><br>
</div>
<div style="">I see no evidence that the supply of gold is
growing in an exponential manner, but would happily have
my mind changed if anyone has evidence for this. Does
anyone have a global gold supply graph hanging around
somewhere? </div>
<div style=""><br>
</div>
<div style="">James</div>
<div style=""><br>
</div>
</div>
-- <br>
Web: <a moz-do-not-send="true"
href="http://james.jlcarroll.net" target="_blank">http://james.jlcarroll.net</a>
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