Why Gold Is Looking Lustrous Once Again

“It now appears that the decline in gold prices is nearly over, and that there will be a great long-term buying opportunity in gold this year.. Our studies also show that the average gold mine has an all-in sustaining cost of around $1,000 an ounce. That is, half of the world’s gold mines would incur losses if gold declines to $1,000 an ounce… ” — Many reasons given that it appears gold finally has nowhere to go but up (if it goes anywhere at all, that is)…