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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (5042)8/9/2022 5:40:10 AM
From: Jacob Snyder2 Recommendations

Recommended By
pak73
Sun Tzu

  Read Replies (1) | Respond to of 10662
 
Gold’s marginal cost of production:

Here is a list of the most expensive mines, currently producing. For the entire industry, the average production cost (measured by AISC) is $1200. But the marginal cost, is the cost of the most expensive mines.

The AISC of the 10% most expensive mines in the world is 1855 US$/oz.



bunker-group.com

90th Percentile AISC continues to rise towards the gold price gold.org



To: Sun Tzu who wrote (5042)8/9/2022 2:18:07 PM
From: Sun Tzu  Respond to of 10662
 
I can't remember who it was who said his moment of epiphany was when he realized all stocks are sh!t, but here's a kudos to him and a way to disprove some of the "long term investing" myths:



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