Agree Infose. No point in having gold at 4500 if all you can buy is a loaf of bread with that. What I am hoping, speculating is that Gold is somewhat a leading indicator to inflation so that we see a significant price increase prior to costs catching up in nominal terms. This would give us a window period where we can see superior profits in real purchasing power terms. Maybe gold needs another driver outside of inflationary threats such as chinese demand or increased world instability for this to occur. I tend to think if companies such as FML are fully operational at 200,000oz+ per year and they have already paid for their fixed costs/infrastructure in 2012 dollars then a sufficient lag between gold at $4500oz (inflationary presuures) and costs increasing from say $1000oz would exist.
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Agree Infose. No point in having gold at 4500 if all you can buy...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $1.35K | 10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 26188 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 67030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26188 | 0.135 |
2 | 17799 | 0.130 |
3 | 95252 | 0.125 |
2 | 9500 | 0.120 |
1 | 1000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 67030 | 2 |
0.145 | 14109 | 2 |
0.150 | 454554 | 3 |
0.155 | 11500 | 2 |
0.160 | 107300 | 2 |
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