canadian gold outlook
DESCRIPTION
Canadian Gold Outlook. The End of the World. US economic activity picking up – trillions later Unemployment 10%, highest since 1983 Washington controls housing, mortgages, car companies, Wall Street and now healthcare Foreign capital paying the bills Commodities, gold, wine etc outperform US. - PowerPoint PPT PresentationTRANSCRIPT
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Canadian Gold Outlook
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Canada
The End of the World
US economic activity picking up – trillions later
Unemployment 10%, highest since 1983 Washington controls housing, mortgages,
car companies, Wall Street and now healthcare
Foreign capital paying the bills Commodities, gold, wine etc outperform
US2
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By the Numbers:Just How Much Debt Is Too Much
$70 Trillion World Economy GDP$500 Trillion Global Derivatives, Seven times world’s GDP$51 Trillion Credit Default Swaps, CDOs, SIV, conduits etc in
circulation$11.3 Trillion US debt$12 Trillion Price tag to bailout Wall Street$5.4 Trillion Fannie & Freddie – mortgages held + guaranteed$4 Trillion Obama’s budget spending up 32%$1.68 Trillion Deficit 13% of GDP$1 Trillion Credit Card Loans$18.4 billion Wall Street Bonuses$34,000 Fed. Tax owed by Secretary of the Treasury Geithner
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What Does One Trillion Dollars Look Like?
$100 million fits Neatly on a standard pallet...
Ladies and gentlemen....I give you $1 trillion dollars.....
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New Economy Really Debt Economy
New Economy Manufacturing jobs overseas Artificially low interest rates Wall Street – shadow banking system
Debt Economy Consumer household debt – 131% of GDP US budget deficit 13% of GDP Total debt 370% of GDP Wall Street debt 120% of GDP
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Top Gold Holders
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Canada 15
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Mine Supply Estimate
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Canadian Mining
Ontario and Quebec account for 40% of spending
World-class gold deposits produced 180 million ounces of gold or 5,300 tonnes of gold
World’s largest greenstone belt (volcanic, intrusive)
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Region ProjectsMexico 210Ontario 176Nevada 135Quebec 119British Columbia 80
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Toronto – Mining capital of the world
TSX is the 8th largest Exchange in the world
1400 mining issues59 new listing YTD$18.5 billion raised YTD123 International Mining companiesBarrick Gold market cap $34.23
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Canada 21
Barri
ck
Newm
ont
Gold
Fiel
ds
Poly
us
Harm
ony
Lihir
Gold
Agni
co-E
agle
Yam
ana
New
Eldo
rado
IAMG
OLD
Buen
aven
tura
Pete
r Ham
bro
Rand
gold
New
Gold
Eldo
rado
Cent
erra
Zhao
jin
Sino
Gol
d
Red
Back
3926 (138.5)
2410(85.0) 2285
(80.6)2257(79.6)
1415(49.9)
675(23.8) 513
(18.1)502
(17.7) 360(12.7)
357(12.6)
337(11.9)
329(11.6)
306(10.8) 215
(7.6)215(7.6)
164(5.8)
150(5.3)
145(5.1)
125(4.4)
Reservestonnes (Moz)
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Gold
Fiel
ds
Harm
ony
Barri
ck
Poly
us
Newm
ont
Lihir
Gold
Yam
ana
IAMG
OLD
Agni
co-E
agle
Buen
aven
tura
New
Eldo
rado
Rand
gold
New
Gold
Eldo
rado
Pete
r Ham
bro
Cent
erra
Zhao
jin
Sino
Gol
d
Red
Back
2829(99.8)
1916(67.6)
6503(229.4)
3657(129.0)
2472(87.2)
1015(35.8) 870
(30.7) 689(24.3)
601(21.2)
567(20.0)
533(18.8) 417
(14.7)34612.2)335
(11.8)329
(11.6)289
(10.2)204(7.2)
198(7.0)
150(5.3)
M&I Resourcestonnes (Moz)
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Barri
ck
Newm
ont
Gold
Fiel
ds
Harm
ony
Buen
aven
tura
Poly
us
Yam
ana
Lihir
IAMG
OLD
Cent
erra
Agni
co-E
agle
New
Eldo
rado
Pete
r Ham
bro
Rand
gold
Red
Back
Eldo
rado
Zhao
jin
New
Gold
Sino
Gol
d
209.79(7400)
150.25(5300)
103.73(3659)
44.71(1577) 38.64
(1363) 33.17(1170)
32.72(1154)
31.13(1098) 25.97
(916) 20.04(707)
15.88(560)
15.08(532)
13.58(479)
13.18(465)
10.80(381)
9.41(332)
8.73(308)
8.16(288)
5.67(200)
2009E Productiontonnes (000 oz)
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Pete
r Ham
bro
Zhao
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Buen
aven
tura
Eldo
rado
Agni
co-E
agle
New
Eldo
rado
Yam
ana
Lihir
Red
Back
Sino
Gol
d
Poly
us
Cent
erra
Newm
ont
IAMG
OLD
Barri
ck
Rand
gold
New
Gold
Gold
Fiel
ds
Harm
ony
278 282 311 317 351 358 385 394 412 425 429 446 450 462 475 476 481529
586
2009E Cash CostsUS$ per ounce
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Canada 25
Barri
ck
Newm
ont
Agni
co-E
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Gold
Fiel
ds
Poly
us
Buen
aven
tura
Yam
ana
New
Eldo
rado
Lihir
Gold
Rand
gold
Eldo
rado
IAMG
OLD
Harm
ony
Red
Back
Zhao
jin
Pete
r Ham
bro
Sino
Gol
d
Cent
erra
New
Gold
43.6
25.8
9.0 8.5 8.1 7.0 6.6 5.8 5.1 4.8 4.4 4.3 4.0 2.3 2.2 1.9 1.5 1.4 1.3
Market CapitalizationUS$ billions