MARKETS SPECTATOR: Point of no returns
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
“This is gold, Mr Bond. All my life, I have been in love with it's color, it's brilliance, it's divine heaviness. I work with any enterprise that will increase my stock, which is considerable.” – Gert Frobe as Auric Goldfinger in the film Goldfinger.
Even Goldfinger may be despairing about the price of his favorite metal. At US$1,346 a troy ounce, a 15 per cent drop in two trading days, gold is getting to a level that is dangerous for those who mine it in Australia.
At US$1,300 or lower, some gold mines are simply unprofitable, some analysts believe. At what price for gold causes individual Australian gold mines to become loss making operations is difficult to ascertain. Gold companies will not disclose such information, analysts say.
Among the highest-cost Australian gold producers are St Barbara Ltd, Resolute Mining Ltd and Kingsgate Consolidated Ltd. The lowest cost producers include Medusa Mining Ltd, Beadell Resources Ltd and Regis Resources Ltd.
Newcrest Mining Ltd, Australia’s largest gold producer, has been downgraded to “sell” buy Citigroup.