Do you think RMS can make money at $700 usd ounce and .50 usd exchange.
There is a high posiblity we will reach that point.
If you compare today to the 1980s then we are in a lot worst position. Gold could fall back to 2009 prices very easily. The USD could rise very high and this would make other countries more competive gold producers.
If you look at 2012 to 2016 gold fell $700 usd ounce. Only 6 years ago gold was $1070.
If RMS can make money next year it will be a black swan event.
Inflation bubble
1980 $686 usd
1982 $325 usd
Inflation
2003 $330 usd
2008 $ 970 usd
Inflation bubble
2008 $970 usd
2009 $726 usd
Inflation.
2009 $726 usd
2012 $1768 usd
Slowing economy
2012 $1770 usd
2016 $1080 usd
inflation
2016 $1080 usd
2020 $1940 usd
World recession
hyper inflation, war
2020 $1940 usd
2022 $1,600 usd
Net income forecast to grow 381% next year, page-38
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$2.05 |
Change
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Mkt cap ! $2.364B | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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|---|---|---|
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