What would happen if the gold price dropped under $1000?

What is pushing down the gold price? What would happen if the gold price fell under $1000? Charles Gibson: Head of Mining at Edison Research comments. How low could the gold price go? What is pushing down the gold price? If gold prices collapse from historic highs, what benefits from the collapse? How can I benefit from a collapse in the price of gold? Talking total cash costs there won't be many companies that will keep produce gold for long below $900 an ounce. At the moment margins are quite thin; there is always the hope that costs will go down in future but that is a hard road to thread. The oil price decline is actually feeding into the bottomline of most miners as fuel and energy makes a large proportion of miners' cost base. I think that negative investment sentiment towards gold is pushing people to exit from gold exchange traded funds.

[ukspreadbetting]

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[chinookskier]

This guy is well spoken and certainly knows his facts.
A true analyist.
Probably really rich for just saying what the facts are.
Great Job.
Interesting all this stuff.

[preciousmetalscomplex]

It can fall well below $1000, regardless of those selling you "Advice" and "forecasts" - they've been dead ass wrong for 56 months.

[n]

0.5 % interest rate increase gold down... sorry no spike

[allengreen]

Buy Gold straight after Fed Meeting in December.

[sammills]

What a lot of waffle in the last few mins, I had to listen back three times and still didn't get the jest of it?