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StockLogistics

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StockLogistics

Re: None

Friday, 10/08/2021 7:09:00 AM

Friday, October 08, 2021 7:09:00 AM

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Debt talk in U.S. pushing prices higher, looking for a double of this SP by end of month, Pelosi date provided Oct 31, shakey US leadership makes gold a good hold until debt ceiling is resolved and maybe after infrastructures vote if passed due to inflation, perfect storm? all imo

“The average all-in sustaining cost (AISC) margin, which is the gold price minus the cost to produce the metal, hit a record $828 per ounce, according to Metals Focus. What this means is that for every ounce of gold a mining company produced in 2020, it got to pocket $828 on average.Mar 30, 2021”

https://www.forbes.com/sites/greatspeculations/2021/03/30/gold-miners-recorded-record-high-margins-last-year/

my posts are always theory and not financial advice

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