2013 Gold Price Bottom Forecast Based On Mining/Production Costs

Discussion in 'Gold' started by Silver2012, Apr 22, 2013.

  1. Silver2012

    Silver2012 New Member

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    I'm wondering when to buy physical gold and silver to get the cheapest price possible. Here is a pretty good prediction pointing to a gold bottom price which is quickly approaching.

    [youtube]http://www.youtube.com/watch?v=vTpWHfXrkQ8[/youtube]

    If gold continues at these lower price levels, we're going to have a major shortage of gold, as many producers cannot make enough money to continue production. I am surprised that with gold's recent decline, no one has talked about the decline in gold production. The recent drop in price is forcing many players, big and small, to suspend or shut down gold mining operations.

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