Menu

Home › Forums › Financial Markets/Economics › Cost of mining gold ~$500/oz

Viewing 11 posts - 1 through 11 (of 11 total)
  • Author
    Posts
  • May 11, 2010 at 10:07 AM #17444
    jimmyle
    Participant

    If the cost of mining is less than half so why is gold at $1200/oz and rising? I have some gold stocks and have more than 10% profit but I am getting nervous about a bubble.

    May 11, 2010 at 10:26 AM #549180
    meadandale
    Participant

    The price reflects its perceived investment value not the cost of extracting it out of the ground.

    How many companies do you think would be mining it if it was selling for $500-600/oz and cost $500/oz to extract?

    May 11, 2010 at 10:26 AM #549291
    meadandale
    Participant

    The price reflects its perceived investment value not the cost of extracting it out of the ground.

    How many companies do you think would be mining it if it was selling for $500-600/oz and cost $500/oz to extract?

    May 11, 2010 at 10:26 AM #549780
    meadandale
    Participant

    The price reflects its perceived investment value not the cost of extracting it out of the ground.

    How many companies do you think would be mining it if it was selling for $500-600/oz and cost $500/oz to extract?

    May 11, 2010 at 10:26 AM #549881
    meadandale
    Participant

    The price reflects its perceived investment value not the cost of extracting it out of the ground.

    How many companies do you think would be mining it if it was selling for $500-600/oz and cost $500/oz to extract?

    May 11, 2010 at 10:26 AM #550160
    meadandale
    Participant

    The price reflects its perceived investment value not the cost of extracting it out of the ground.

    How many companies do you think would be mining it if it was selling for $500-600/oz and cost $500/oz to extract?

    May 11, 2010 at 12:03 PM #549220
    Eugene
    Participant

    Maybe miners are cautious to ramp up production in less profitable mines, because they are afraid that investor demand will dry up at some point and they’ll be stuck with mines that they can’t economically operate.

    Try to find some curves of mining output, industry demand, and investor demand over time.

    May 11, 2010 at 12:03 PM #549331
    Eugene
    Participant

    Maybe miners are cautious to ramp up production in less profitable mines, because they are afraid that investor demand will dry up at some point and they’ll be stuck with mines that they can’t economically operate.

    Try to find some curves of mining output, industry demand, and investor demand over time.

    May 11, 2010 at 12:03 PM #549820
    Eugene
    Participant

    Maybe miners are cautious to ramp up production in less profitable mines, because they are afraid that investor demand will dry up at some point and they’ll be stuck with mines that they can’t economically operate.

    Try to find some curves of mining output, industry demand, and investor demand over time.

    May 11, 2010 at 12:03 PM #549922
    Eugene
    Participant

    Maybe miners are cautious to ramp up production in less profitable mines, because they are afraid that investor demand will dry up at some point and they’ll be stuck with mines that they can’t economically operate.

    Try to find some curves of mining output, industry demand, and investor demand over time.

    May 11, 2010 at 12:03 PM #550201
    Eugene
    Participant

    Maybe miners are cautious to ramp up production in less profitable mines, because they are afraid that investor demand will dry up at some point and they’ll be stuck with mines that they can’t economically operate.

    Try to find some curves of mining output, industry demand, and investor demand over time.

  • Author
    Posts
Viewing 11 posts - 1 through 11 (of 11 total)
  • You must be logged in to reply to this topic.