RE:2400 gold!Happy Friday All.
With gold now above $2400 ($2417 at last look) I am wondering how high a buyout per Oz price will look like. It was $300 when gold was trading lower, not that we crossed $2400 and are heading to $2500, would be curious on thoughts of what per Oz price we could be looking at. Granted, there are other factors that are to be taken into account, ie location, low cost to extract etc... but I think we should be expecting a higher number than $300, thoughts?This should be pushing a prospective buyer to make a move sooner rather than later and risk an even higher price per oz in the future.
TraderRC