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People’s Choice: Gold vs. Silver $GLD $SLV

I haven’t looked at this in awhile: search term popularity according to Google.

Of course, a lot of the searches are for meDals, not meTals, especially during the Olympics. Still, gold is more popular lately, by about 20%:

Gold

Silver

Gold vs Silver Price Chart

Silver is the lagging black line with the price scale on the left.

$$ Gold Going Vertical?

The price of gold over the past 8.5 years, compared to the first 8.5 years of the Nasdaq and housing bubbles.

Gold bubble compared to Tech and Housing bubbles

$$ The Cost of Gold Mining

Q. What is the average cost of mining per ounce?

A. The average cost of replacing and producing an ounce of gold rose to $428/oz in 2005, a ten-year high, according to Metals Economics Group, based on a study of 18 major gold producing companies. However, costs vary widely between companies and the mines themselves. – World Gold Council

I read elsewhere that the current production cost is $600-700/oz on average.