Message:

<p>[QUOTE=&quot;mikem2000, post: 2221873, member: 30574&quot;]We are now 4 days into the correction with panic in the equitiy markets.&nbsp; This was supposed to be the event that drove Gold higher as folks flocked to &quot;safety&quot;.&nbsp; That didn&#039;t happen.</p><p>&nbsp;</p><p>The best I can tell, the cost to pull Gold out of the ground is still around $800 an oz.&nbsp; It is also a good rule of thumb to value a commodity at the cost of production.&nbsp; So the question is, what can stop Gold from dropping to $800????&nbsp; Is there anything out there that will keep Gold higher.&nbsp; My bet is no, and $800 + or - is in the bag.</p><p>&nbsp;</p><p>Mike[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in