Search

Think the unthinkable on gold price

In the early days of map-making, cartographers filled uncharted waters with images of terrifying mythical beasts; highlighting the dangers of the unknown.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Comments

The main issue not noted here is the real recovery cost per oz for most gold producers, which in turn effectively puts a floor price on physical gold. Given that most big treasuries are buying large amounts of gold as too are Chinese and Indian consumers at the moment, they are dependent on sustainable gold production. Very few miners are producing at less than $700 oz let alone $600 oz. The exceptions eg Kingrose or Medusa are very rare and very fortunate.

Add your comment

BNIQ sponsored byECU School of Business and Law

Students

6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
9th-Central Regional TAFE10,000
10th-The University of Notre Dame Australia6,708
47 tertiary education & training providers ranked by total number of students in WA

Number of Employees

BNiQ Disclaimer