Look at the breakout in British pounds-- Their banking system is bankrupt- the government has taken on the risk and the pound sank because of it.

This is an early warning as to what to expect of the US dollar. Gold rose strongly on Friday against the US Dollar.

In CAD terms over Gold Price is over $1100/oz.

Costs are mainly in CAD for San Gold- and should be decreasing as fuel costs are dropping, equipment previously unavailable is now on sale/ steel prices have sunk. Labor has been freed up as well-- Base metal miners are being laid off/ so you don’t have to bid high you just need to offer them a job.

This should not only reduce production but also exploration costs.