The total cost per ounce in 2011 of the average gold miner was $1200 , thats including debts/exploration/admin/etc yet the world expects a bargain when buying gold. At normal times the retail price should be 100% of that but in these volatile times when currencies are being diluted it should be worth even more. People have been suckered into buying paper Gold ETF's only to now realise how easily they get manipulated by the Goldman Sucks of this world. If you own physical gold it will retain its value and wont be taken from you unlike paper gold ETF's .
The total cost per ounce in 2011 of the average gold miner was...
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41.5¢ |
Change
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Mkt cap ! $2.823B | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 41.8¢ | 39.0¢ | $7.076M | 17.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 6 | 48036 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 41.5¢ | 35276 | 1 |
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