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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Gold is doomed (?)

ploutus, you're post was well thought out and expressed (you must be on the wrong forum). I agree gold is near/at it's bottom. I'll be very suprised if gold goes below $1k based on cash costs alone. Hard to see gold going below the cost to extract it. the only catalyst i can see right now for gold is increased industrial demand and decreasing supply. That being said I think gold is range bound for some time to come.

And, oh yeah, EZ is a blowhard.

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