Originally Posted by
Daytr
Not too much to argue with their JB. Another way of putting it though is the high cost producers need a higher gold price, short & simple as their share price reflects their current risk vs the POG. I.e if the POG went down & not up then they would be the first to fall, so its all about risk reward. Miners are a fairly risky investment at the best of times. Not sure about DB being gold's new BFF either. Maybe just trying to look good whilst they are being investigated for metal market manipulation by the German regulator! haha