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11/12/13
14:48
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Agree..
If the all up cost to get the gold outa the ground at say....$800usd per oz...in Marli....then any increase in the price of gold above this level...
Becomes an increase in profit..?
So today there is a margin of cost of $1000usd peroz for Bgs ..includes toll fees of up to $200 usd per oz...
Then last nights $28 usd per oz is additional nett profit....working just this amounts multiply by between 32000to 2million oz....this alone ...
Doubles Bgs MC...
If u look at it in this way....POG is important to the value....
Another example is if the POG was under $1000usd per oz....
Then forget Bgs.....
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