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After the 2011 gold peak at $1,923, the price fell all the way back to $1,300, though the new production cost floor is now $1,900, so a similar correction would not go as low as 2011

causalpending

Speaker

Steve St. Angelo

Evidence Quote

“in a year or two later it came down it it came all the way down to uh 1300 so I'm not saying that it's going to come down to 1300 but the cost floor now is 1,900”

Source

Steve St. Angelo: Exponential Debt Cycle is Past the Point of no Return— Palisades Gold Radio
Created: 8/10/2026, 11:27:09 PM

My Notes

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