huge problems with money printing ...., page-4

The POG needs to be greater than the average cost of mining it worldwide (currently about 1400-1500/oz depending on who's data you look at) .

The rules of supply/demand will ALWAYS take hold eventually and the POG must/will stabilise above the average production costs

And in forward looking markets, coupled with strong physical demand, this may be sooner rather than later.

The flip side of the above upward correction not happening in the extreme near term , is some major and significant gold mines around the world are going into care and maintenance and/or being shut down indefinitely, this is already well underway from the likes of newcrest, barrick , newmont and a myriad of mid tier and smaller producers...

This will again, force a supply squeeze in what is proving to be an extremely accelarating timeframe.