But mining costs aren't fixed. Miners can also go from a profit to a loss with moves in fuel cost, equipment cost, or labor cost -- all of which are also subject to political forces, and all of which would go up in a broad inflationary scenarios, right?
Yes, that is what I was referring to here, as some of the cons of mining. Many miners are operating a loss at current prices.
I am sure they have operating budget which allows some cushion especially when you know prices are constantly adjusting.
Stocks right now are way over valued I'm just waiting for the banksters to start taking profits then all the algorithm's kick in and auto sell . If this market goes higher it's only a matter of time until it crashes like always happens. Investors are going crazy buying /w margin, Not a good sign, Very bad things happen and it's not pretty. I dollar cost average in silver bullion, the ratio is really crazy @ 80+ to 1 on Gold. There was a time when silver was 10+ to 1 Silver right now is cheapest product and will always have value.