Bloomberg: Plunging Gold Price Has Mining Companies Selling at Loss (bankruptcy alert!)

"About a third of worldwide output is probably cash-flow negative with gold at less than $1,250 an ounce, according to Joe Wickwire, who manages the Fidelity Select Gold Portfolio." http://ift.tt/1GqHK88

Submitted November 05, 2014 at 04:57PM by GettaReddit http://ift.tt/1x7bbXy