I wonder why I never read how pathetic the price of gold
The cost of producing iron ore is about $60
Sells for around $130
The cost of producing copper is about $2 a pound
Sells for over $3
The cost of producing a barrel of oil is about $60
Sells for over $100
The gold councel says the average cost of producing an oz of gold is $1200
Now it sells for $1328
Seams at least $1800 should be a minimum
$2000 about right
Imoo
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