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Agnico Eagle Mines Limited Message Board

  • biotechprofiteer biotechprofiteer Dec 3, 2013 10:07 AM Flag

    Gold is in a death spiral

    Still, I cannot see gold falling below $1000. At that price, the miners would shut down, because it wouldn't be worth it to keep the machines running. Then, gold supplies would tighten, and the gold price would shoot up like a tight rubber band being released. That would be a theoretical inflection point. Gold is getting very attractive at it nears the $1100s range. No hostile comments necessary. Just my opinion.

 
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