Costs to produce gold are going up 2 times faster than the gold...

Costs to produce gold are going up 2 times faster than the gold price, gold miners struggling to make money, shudder to think how the gold stocks would react if gold falls to $1700-$1800 range. Also the world does not need 'Gold Miners', stackers and others would be perfectly fine with that happening, there is plenty of above ground gold, if gold miners get market nuked, the workers could go to other mining companies and that would help with labor shortages. The reports recent asx gold miners have been producing are detritus. If you are a true precious metals investor, stick to the metal or silver to get leverage on gold price, it's looking like the asx gold miners are not up to the task and they are failing. People say their balance sheets are in excellent shape compared to the past which is true but if they were undervalued, they would be offering 10% yields yet this is not the case, all good looking asic goes into replacing what was mined and little profit is left.