Hello Folks, here's a table that my wife (the Excel Goddess) created over the weekend with some data that we had, it shows the total costs to mine one ounce of gold for a select group of gold mining stocks. We did not have the data for all the stocks, this is what we had. However this data can be quite useful as it shows you that fundamentally you should probably stay away from stocks like Iamgold, and focus on the metal stocks with lower costs.
I believe that gold stocks are due for a bounce here and if you want to know more, please subscribe to Breakpoint Trades and review my Wekend Commodity Newsletter for Sunday April 21st:
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April
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- Here's a Mechanical SPY daily system that wins 96%...
- Commodity Weekend Newsletter for April 28th, 2013
- Other Gold Charts
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- Capitulation in gold stocks
- Wednesday Morning April 2nd, 2013 Newsletter
- Precious Metals, Gold, Silver, Gold Stocks
- General Market Analysis April 2nd, 2013
- S&P 500 nearing the all time high
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Sunday, April 21, 2013
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