2016-08-23sprottmoney.com

``The BIS-network keeps a lid on the dollar gold price (see our paper dated October 7, 2015). Since 2013 the dollar gold price per ounce gold is lower than the all-in company costs per ounce gold. The question is how long this can go on. Every year the loss per ounce continues will cost the gold mining industry worldwide 60 Billion dollar.''



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