Gold...$300?

[cottonpicken]

Its even harder to figure out when you dont think.

If you think mine production today is around 50 million ounces and two hundred years ago it was 50 million ounces,you need need to go to the back of the bus because you are a retard.

[TOM4CWB]

C.P.;

"The average gold mining and extraction costs[when?] are $238 per troy ounce but these can vary widely depending on mining type and ore quality. In 2001, global mine production amounted to 2,604 tonnes, or 67% of total gold demand in that year. At the end of 2006, it was estimated that all the gold ever mined totaled 158,000 tonnes.[18]

At current consumption rates, the supply of gold is believed to last 45 years.[19]"

18 "World Gold Council". http://www.invest.gold.org/sites/en/why_gold/demand_and_supply/. Retrieved on 2008-07-04.
19 "How Long Will it Last?". New Scientist 194 (2605): 38–39. May 26, 2007. ISSN 4079 0262 4079.
http://en.wikipedia.org/wiki/Gold

[cottonpicken]

Which is why i mentioned goldcorp,check out their costs.