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<p>[QUOTE=&quot;yakpoo, post: 675979, member: 18157&quot;]The productivity of gold mines varies considerably, but the &quot;average all-in&quot; cost of production is currently about $450/Oz. Companies mine their most productive assets first, so as new production is brought online the &quot;average all-in&quot; cost of production rises.</p><p>&nbsp;</p><p>The question is whether commodity prices will rise more due to falling currency values or increased demand...probably a combination of both. In an orderly market, increased production should keep prices from getting out of hand, but at the same time, raise the floor under prices.[/QUOTE]</p><p><br /></p>

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