The book “The Limits to Growth,” using a Matlhusian model, predicts that the world will run out of gold in just 29 years, silver in 42, gold and oil in 50, and aluminum in 55. In reality, reserves of all these raw materials will be much higher in 2018 than in 1972, despite half a century of additional consumption. Gold has reserves four times greater, silver twice, and aluminum 25 times!
