Reality is the average cost of production world wide is $1200.If...

Reality is the average cost of production world wide is $1200.
If gold sinks below that, then miners will cut back on production, reducing the supply. this in turn will cause the price of gold to rise. Gold demand is the weakest in A, M , J and July every year, and cranks up in second half. A lot to do with the religious shinnagins of the Indians.

when i went to bed gold was down $130 when i woke up it was down $28. there had to be a reason, yep the US stock market had taken a big hit. Oh so fear returned and back into gold.

Ok so what if the dow gets a rogering tonight?

Always a sure sign not to follow the herd if you want to make money. Everyone is selling gold. But who to.

The numbers are not special at these prices but then again the deal has been structured well for us.

Fat lady hasnt sung by a long way here

Flux