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kagey1

01/03/11 5:38 PM

#44095 RE: Crystalballz #44080

Being that at the high end costs to mine gold right now are about $700/ounce, I think gold has a long way to drop and yet will still remain profitable to mine. This is a presentation from a company that does annual gold forecasts and analysis, makes for some interesting reading.

http://www.gfms.co.uk/Brochures/Gold%20Survey%202010%20Presentation_London_public.pdf