GOLD 0.51% $1,391.7 gold futures

gogogogold .. good news .. gogogold, page-26

  1. 47,086 Posts.
    re: stick to miners instead of physical I'm interested in FE's and JK's statements that production will be ramped up causing POG to fall.

    New mine development costs are up 25% (drilling, steel, construction costs) lately and production costs (oil, wages) are up 20%.

    I don't see a lot of incentive to take risks.
 
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