RE:RE:Gold Below $1000 Will Force Capitulation!!Prices getting that low is just silly talk.
current average AISC costs are about $1,200 per ton for gold. If they stay much below that miners will be closing plants.
There seems to be a consensus that we've about reached peak gold production and there will be a drop off in production regardless.
The geopolitical and economic black swans are numerous and circling. Its time to buy gold and good miners.