All mines should stop production monday since valuations of companies is no more than whats been spent getting into production. Lets see the mad scramble for physical gold then. India wedding season starts soon so they will have to buy no matter what the price. As for Goldman craps telling everyone to short gold means they have covered their shorts.
The worldwide total cost of producing gold is almost $1000 per ounce. The mark up if you were to sell it retail should be a minimum 100% ($2,000) and discount it to 50% ($1500) at the half yearly clearance sale.
