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<p>[QUOTE=&quot;Cloudsweeper99, post: 750980, member: 3011&quot;]From what I read, it seems that the current cost of finding and bringing a new gold deposit to market is in the $800 to $900 range per ounce, depending on the grade and usual stuff that goes on in mining.&nbsp; It seems unlikely that gold will settle at a price below the cost of production.&nbsp; That&#039;s probably the current floor.&nbsp; In the meantime, gold is in a bull market and bull markets can move higher and last longer than anybody imagines at the start.&nbsp; You are correct that someday the price will drop - a lot - but I don&#039;t think we are there yet.[/QUOTE]</p><p><br /></p>

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