00:00foreign
00:07foreign
00:14foreign
00:39foreign
00:40foreign
00:42foreign
00:42foreign
00:44foreign
00:45I thought that the cost of producing gold is $2.5,000.
00:54Some people say that $3,000 is $3,000, some people say that $4,000 is $4,000.
00:58So what is gold on its cost?
01:01That should not be necessary.
01:04But it's a confusing situation.
01:09If you look at the price of gold, let's say you think $3,000 to $3,000.
01:14If you look at $3,000, it would be $3,000.
01:18It's a volatile commodity.
01:19It's a relatively total commodity.
01:21So when you put the price of gold,
01:25I was wondering why you had a $2,000.
01:35foreign
01:38foreign
01:44foreign
01:48foreign
01:58foreign
02:23foreign
02:49I have to say that I have seen this video.
02:53But I don't know what the best video is.
02:57It's a death cross.
03:00Yes.
03:02Yes.
03:04Yes.
03:35Yes, good.
03:46foreign
03:50foreign
03:51okay
03:53anyways
03:56it's a
03:57point
03:58I
03:59know
04:0323rd
04:05March
04:05it's a
04:06bottom
04:07it's a
04:20bottom
04:21lower high negate, that doesn't happen, you can say that you have a death cross on the top of it,
04:29there is no demand, it doesn't look like it.
04:34Why do you have to do that?
04:37How much gold will be $3,500, maybe $3,500, I don't know,
04:43but in that $3,500, you can make a mind that the central bank will buy.
04:51But what will they do?
04:53Why will the central bank will buy?
04:54The central bank will not buy.
04:55The central bank will buy gold, then I will buy gold,
04:59because there is an alternative, gold is affordable,
05:01then the next best option you can buy.
05:04Platinum, steel, you can't see it.
05:08So, the central bank will be $50, it's a good thing,
05:13the risk will be less.
05:23The central bank will have a number of miners that may be $50 for $50!
05:31Also, the central bank will start by $50 from the bank.
05:35Then, what happens to the bank?
05:38What is the central bank ?
05:40It's worth $50 from the bank.
05:45Thank you very much.
Comments