Dynacor Gold Mines Inc. [DNG - TSX; DNGDF - OTC] says it produced 6,636
ounces of gold during the month of February 2018 at its Veta Dorada processing plant in Peru, surpassing the previous... Read more»
Not exact matches
Second,
during times
of market weakness, the
gold price per
ounce relative to the
gold spot price will often decrease as supply becomes more abundant.
In addition,
during the January lows,
gold held the psychologically important level
of $ 1,050 an
ounce and has gained about 10 % since.
A poll taken
during the conference showed that 85 percent
of attendees were bullish on
gold, with a forecast
of $ 1,495 an
ounce by the end
of the year.
The 235,626
ounces of gold produced at Lihir
during the quarter was better than six
of the past nine quarters, and suggests the mine is still capable
of becoming the million
ounce per year
gold mine that it was always supposed to be.
When Nixon went off the
gold standard in 1971, an
ounce of gold would have cost $ 35 USD, nine years later
gold printed its bull market high
of $ 850 USD / oz, though the average price
of $ 459 / oz from 1979 would be a better gauge
of how high
gold went
during the bull market
of the 1970's.
by
During this banker raid on paper
gold and paper silver, while banking shill Nouriel Roubini was spouting more propaganda in the distribution channels
of the mass media
of a
gold collapse to sub-par $ 1000 an
ounce prices, we were busy informing our readers about the «Lies
of Nouriel Roubini» (whose sole purpose in life, -LSB-...]
Gold, meanwhile, screamed past $ 1,300 an
ounce to hit a two - year high, proving again that the yellow metal is sound money and fervently sought by investors worldwide as a safe haven
during times
of economic and political uncertainty.
This breaking news, which was picked up in Friday's Financial Post, revealed that «the cost for an
ounce of gold in 1967 was $ 35, exactly the same price as a decent suit from Eaton's,» while in 1975, «
gold weighed in at $ 100 an
ounce, a 1:1 ratio with a decent suit from Eaton's
during the same year.»
For example, after reaching a high
of nearly $ 1,900 an
ounce during the foreign debt crisis back in 2011, the price
of gold began to slide and by the end
of last year had slipped below $ 1,100 an
ounce, a decline
of more than 40 %.
In fact,
during that time period, physical
gold reached a record high
of $ 1,921 per
ounce.
During the last run up and subsequent collapse of gold / silver «prices», during the 22 % mortgage rate fiasco of 1981 -» 82, I bought $ 15,000 worth of silver bullion as it escalated in price from a start point of about $ 5.60 per ounce to $ 52.00, before crashing back to $ 6.00 within a few days of hitting $
During the last run up and subsequent collapse
of gold / silver «prices»,
during the 22 % mortgage rate fiasco of 1981 -» 82, I bought $ 15,000 worth of silver bullion as it escalated in price from a start point of about $ 5.60 per ounce to $ 52.00, before crashing back to $ 6.00 within a few days of hitting $
during the 22 % mortgage rate fiasco
of 1981 -» 82, I bought $ 15,000 worth
of silver bullion as it escalated in price from a start point
of about $ 5.60 per
ounce to $ 52.00, before crashing back to $ 6.00 within a few days
of hitting $ 52.00.