Located in the mineral-rich Eastern Desert, it will be interesting to see how much gold it can effectively produce. There are still some questions as to how the deposit's size has been measured exactly.
A less centralized gold industry can genuinely drive global demand for the precious metal. Without having to go through centralized institutions and service providers, the market will become a lot more “open”
It is also crucial to remember that a decrease in the silver-gold ratio is a bullish sign itself. When this ratio rises, there is often a bear market. During bullish trends, the ratio tends to decrease.