“After updating their precious metals’ company cost curve, Citi’s ominous warning that, ‘a combination of rising unit costs (15% yoy), sustained high capital budgets and a falling gold price have resulted in a fast contraction in margins – so much that no gold company under our coverage will generate Free Cash Flow at spot gold.'”
Related posts:
Ex-Marine Brandon Raub Arrested, Sentenced To Loony Bin For Anti-Government Facebook Posts
'Thanks For Your Help, Sorry About The Drone'
Drama: Yemen, Guantanamo Bay, Stamford, CT
Can the DEA Hide a Surveillance Camera on Your Land?
Fort Hood shooting suspect paid $278,000 by Pentagon while in jail
A Confiscation Tax is Headed Your Way …
A fully 3D Printed Metal 1911 Pistol
Vida Cannabis: Up, Up and Away for A Perfectly Positioned Company
India To "Look Into" Easing Gold Price Controls
Bill Bonner: Reefer Madness!
Ron Paul: Benghazi was an Arms Deal to Al-Qaeda
Congress approves surveillance legislation tucked into budget package
House votes to uphold increased spending on ‘unneeded and unwanted’ nuclear bombs
Privacy group to file Supreme Court petition against NSA surveillance program
Write A House Is Giving Writers Free Homes In Detroit