GOLD 0.51% $1,391.7 gold futures

Why is it suggested so mant times that it costs $1000 to mine a...

  1. 426 Posts.
    Why is it suggested so mant times that it costs $1000 to mine a ounce of gold? Do you serously think that the pog cares about the cost of mining ? When panic sets in every man that like his profit will be selling it quicker than a fly can move! Simple supply demand ratio ,if you get bored google why is gold so expensive some interesting reading ...
 
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