Iran and Gold and World Gold Council Q2 report

https://www.wsj.com/articles/irania...s-sanctions-1533466801?mod=djem_EnergyJournal

In case of interest with your morning coffee if you have the time. I am retired - I got all day. Interesting - 15 metric tons of Gold in a quarter - thats a lot of gold but not enough of course to have any effect overall on POG.

This has just come out for Q2- i will post on GOLD forum - but it explains all the shorting -ie soft world demand. At some point these short positions will become over-extended and hopefully we get a bounce. Pity about all the manipulation of POG - nothing we can do of course - just need to be aware. For me i will keep buying on the dips until we know about Da Vinci. But we are still heading north - interesting DRM price trending up - POG still trending down. - DRM is getting noticed by the smart money. Deflector best of a bad bunch. CLZ doing well - another great CEO - DYOR of course. But they now have a bit of cash. Different league to Doray though - like comparing Collingwood with the Queanbeyan Tigers.

https://www.gold.org/research/gold-...PRZDA4T7D7smUs5W0KiJbN8zd4w0-ithoC5IMQAvD_BwE