This bodes well for the Schaft Creek mine and the future economics as the value increases with the price movement's upward momentum. A reason for this recent price spike is due to China's export restrictions on the metal and pollution issues within their country.

I am hearing in the years to come the commodity prices will be on a tear! With the monetary system being called into question by many, commodities should reap the benefits. I am hearing gold at $5,000 and higher, silver over $200, and copper over $4 dollars. With these metal prices, Schaft Creek will be a economic powerhouse generating huge revenues at the peak of the commodity cycle in 2020. The Canadian government should make some large profits from the taxes taken from the mine's production output. We hear alot of news surrounding the U.S dollar that it will soon lose its status as the world's reserve currency and debasement of currency is a real problem. The dollar is currently being manipulated and the government's intervention within the financial markets has created a "market failure" with these QE policies. These policies are a temporary fix to the economy but in the end we are making the world worse off financially and this process will allow bullion demand to flourish! The market sometimes needs to correct itself rather government taking inefficient measures to stabilize the markets. Intervention can be a good thing in some cases but too much is counterproductive activity.

National debt levels of many nations are at all-time highs which affects your currency's effectiveness. The United States continues to de-value their dollar through the printing of money in an attempt to stimulate their economy but this disrupts the natural flow of market economics. China and the Yuan will soon become the new world reserve currency as they back their currency with gold. China is now the largest holder of gold reserves in the world and still continue to buy the yellow metal aggressively. Once all is said and done, bullion will be the ultimate winner and benefit from all the market inefficiencies.