GOLD 0.51% $1,391.7 gold futures

why gold is not a good bet, page-51

  1. 3,523 Posts.
    But you are ignoring the cost of recovering that gold.
    I agree there is probably much more gold by far than we have found so far, but gold is expensive to mine profitably now,
    let alone under water. Maybe one day but probably not in our life time.
    There is a lot of dirt mixed up with the gold.
 
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