That is impossible to compare the two assets while the central banks artificially manipulate precious metal industry by overselling non-parity metal EFTs;

I know what you mean though. Hard to think that running big mining machines and then harvesting many many metric tons of gold dirt in order to get a few ingots.

ALso, keep in mind that there are some newer ways of mining that use nuclear power, and that greatly changes the cost of energy (vastly cheaper energy ) this is technology innovated by subs and boring machines