For those of you interested in learning more about the macroeconomics of COGS in the precious metal industry this is a great video - showing that there is hidden tension in the precious metals market, and with margins decreasing and COGS increasing - price is inevitably increased.
It's not a matter of IF but WHEN...
Businesses are in business to make profit - when that profit is limited - price increases. It's that simple.
Stay Cryptic Ya'll.
BK