6. Inflation of the gold supply

Nonetheless for the time being gold is still being mined and refined at the rate of almost 2,600 tons per year. Thus the world supply of above ground gold is increasing - or inflating - at just over 2% annually. At current rates the gold supply is growing the under-sized tennis court cube at about 12 centimeters a year. It will reach a full tennis court sized cube in about 20 years’ time.