Post by
sparks19324 on Aug 13, 2018 12:44pm
pricing
I think we are reaching the low end of gold pricing. below $1100 we are reaching some of the
producer in the high cost range and they will have to close down until prices increase. so in
my estimate, gold is very close to a bottom.
Comment by
sunsurfer11 on Aug 13, 2018 12:59pm
Agree..believe gold shorts are at or.near record territory..the pendulum will swing again...used the opportunity this morning to pick up some more and avg down a bit...not too many compelling opportunities like this around...if it hangs at this level more than a few days expect someone will consider a buy out