Rolfe Winkler » Blog Archive » The Fed is sending gold higher …
It’s not clear what’s being measured in the chart of the Real Gold Price over the centuries. We need a better explanation of the what the units on the y-axis represent. Incidentally, I completely agree with Rolfe’s blog – gold, …. the main sorce is mining, and some scrap , there is a cost of mining gold, production is decreasing, its getting harder to go deeper depths, today its purified by chemicals from soil, and this process has a cost about $400/ounce today, …
Tags: being-measured, centuries, its-getting, main, ounce-today, process, process-has, real, the-chart, the-units, the-y-axis, today-its, units, what
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