AWOOGA
/pmg/ Precious Metals General
Ryder Price
Daniel Stewart
>Optimistic? You don't own anything
And I'll be happy...
Brandon Rogers
YOU
ARE
HAPPY
Grayson Morris
save it friend, it's all yours
Lucas Fisher
>Gold generally costs 1000-1500 per oz to mine.
most gold costs less than a dollar per oz. to mine.
the average is driven up by the fact that any gold is worth mining if the cost is below spot. So if the price of gold drops the price of production will drop too. If gold goes down to $100 per ounce the cost to produce it will go to $80 per ounce because anything that costs more than that won't be mined.
>What does bitcoin cost to mine? 25 cents maybe?
I think he said $14k in electricity per coin
Ayden Reed
Can you take your bait somewhere we don't all have to smell it? Its old dude.
Xavier Robinson
The toppest of keks. Are you high?
Blake Cruz
Looking to pick up some 1 oz. silver bars or coins for family as gifts this year. Any recommendations?
Aiden Perry
>most gold costs less than a dollar per oz. to mine.
Owen White