IPFS News Link • Gold and Silver
-
Special Editions
- Global
- Due Diligence
- Love Bus Liberty Tour
- Vaccine Education Summit
- Bitcoin Summit
- US-Arizona
- US-Tennessee
- Ernie's Favorites
- THE R3VOLUTION CONTINUES
- "It's Not My Debt"
- Fascist Nation's Favorites
- Surviving the Greatest Depression
- The Only Solution - Direct Action Revolution
- Western Libertarian
- S.A.F.E. - Second Amendment is For Everyone
- Freedom Summit
- Declare Your Independence
- FreedomsPhoenix Speakers Bureau
- Wallet Voting
- Harhea Phoenix
- Black Market Friday
IPFS News Link • Gold and Silver
As shown two months ago, the marginal cost of production of gold (90% percentile) in 2013 was estimated at $1300 including capex. Which means that as of a few days ago, gold is now trading well below not only the cash cost, but is rapidly approaching the marginal cash cost of $1104...
Which means that of the following mines (as we showed here) which make up the gold cost curve, one by one, starting on the right and going left, production is going to go dark, even without the recent demand by South African gold miner labor unions to have their wages doubled. Until eventually virtually no gold will be produced.
Current News | Contents By Subject
Additional Related items you might find interesting:Related items:
News Link •
Gold and Silver
Globalists Target Haiti For Destruction After $20 Billion in Gold Discovered
News Link •
Gold and Silver
Bitcoin's Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge
News Link •
Currencies
Gold & Bitcoin At Record Highs Are "Huge Dollar No-Confidence Vote" - Rubino Warns US Fina
News Link •
Economy - Economics USA
EXCLUSIVE: Economist Who Warned Of Regional Bank Runs Makes Chilling New Predictions
News Link •
Gold and Silver
Bitcoin, Bullion, & Breakevens Soar As Markets Lose Faith In 'Inflation-Fighting' Fed
News Link •
Gold and Silver