One can also look at it from strictly a P/E point of view. Here's the same table with a P/E of 15, and a cost of production of US$350/oz. I'm not as fond of this approach, but it is certainly quoted enough in the papers to make me think others pay attention to it.
|
|
oz/year |
|
|
|
$GOLD |
50,000 |
100,000 |
150,000 |
200,000 |
250,000 |
$1,000.00 |
$ 2.65 |
$ 5.33 |
$ 8.00 |
$ 10.67 |
$ 13.35 |
$1,100.00 |
$ 2.92 |
$ 5.86 |
$ 8.80 |
$ 11.74 |
$ 14.68 |
$1,200.00 |
$ 3.19 |
$ 6.39 |
$ 9.60 |
$ 12.81 |
$ 16.02 |