9.2 C
New York
Thursday, March 28, 2024

Comment by zeroxzero

View Single Comment

  1. zeroxzero

    Interesting piece.  ABX, as the member of the "big 5" gold producers with the lowest cost per ounce may actually be able to lower that further if lender don't get too nervous about their $44 Billion debt, or it's cost doesn't rise terribly much.  One would tend to think that rates would only back up if inflation started to bite, so it's perhaps not a bad bet, but the waters are fairly uncharted.  Helluva an upside, but that never comes free of risk.  Maybe the Parisians will stage another "1960"-style demonstration over German dominance of the European financial system and pull ABX out of the hole.



Stay Connected

157,451FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles