Thread: Why is gold crashing to below production value?
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Old 06-29-2013, 01:18 PM  
RandyRandy
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Quote:
Originally Posted by Socks View Post
Below production value? It was around $290/oz in late 1997, compared to $1200 today (after crashing from ~$1700 in late 2012)

It can't be below production value. Not even close.
I got that from here:

http://www.cnbc.com/id/100851209
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