Cash costs of production range from $598/ou in North America to $957/ou in South Africa and South African miners recently want a 60% wage hike. Average cost across continents ~$895/ounce.
Real average probably ~$725/ounce since South Africa no longer a major producer as in late 1970s. Price of...
If someone didn't land a job right after college, then continued years of unemployment. Unrepayable student loans puts someone at negative worth to start.
Just trying to repay that loan would be damn near impossible, let alone trying to save 10K.
But seriously, the common theme to most of the above is diversifying and investing long term for passive income. Could be real estate or a simple low cost index etf.
Goes without saying that it's only possible if you actually can accumulate any savings/excess profits (instead of losses) through...
Looks oversold from a chart perspective, but the PE ratio is something like 28 and there appears to be a limit to the QE they can do without causing the JGBs to implode.
The overnight news that Japan said their currency had declined enough and any more decline would be harmful to the economy, thus implying a less aggressive stance towards their asset purchases.