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Message Subject Boss of big gold mining company says gold needs to go up to $2000 per oz or miners will go broke
Poster Handle Anonymous Coward
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The Aussie dollar will adjust downward and because of this Aussie labor will be cheaper. Remember gold is priced in USD. If the Aussie dollar goes back to its historic norm the mines will stay profitable.
 Quoting: Anonymous Coward 17177008


Huge indian market. CNBC covered why gold garentees a good husband in the long term on the sub continent.
 
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