April 17, 2013 at 21:57 PM EDT
Does Marginal Cost Matter When it Comes to Gold?
There is a lot of commentary on why gold prices have fallen so much in the past week. I don’t think anyone knows the answer. Regarding the question of how much further gold might fall, I think one can make an educated guess. Frequently when commodity prices fall there’s thought to be a floor. This [...]
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