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Shiner

Joined: 11/4/05 Posts: 15364
Likes: 3698


I have to admit...


I never would have thought I would have seen $1500 gold and the dollar still being so strong. Usually as Au goes up the dollar goes down. Heck right now because of the currency exchange... Au is $2200 AUD.... that will make almost any mine in Australia economic. Au is almost $2000 CDN... same thing. The economics will have old crusty mines start coming out of maintenance mode to production very soon if the dollar doesn't fall back.

My point is that there is serious currency conflicts to the traditional norms right now....

(In response to this post by TylerDurdenisaRam )

Posted: 08/08/2019 at 06:04AM



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