Interesting differentiating Views there Boys. I hold no hope of picking the arguments apart and just rely on the basics sometimes to guide me forward. Admittedly we need new discoveries and the front end loaders have to do there work to reach tonnages, but Gov is changing and who knows where the invested $$ will wash to, after Snortin gets in ?? Mergers , Aus Dollar , Hedging all play a part so its a real complicated equation to sort through. This drop today purely on POG fall. What happens if we dig up a Golden mile ?? Gold up $15 overnight or Down another $10 overnight. Sleep tight.
GLTA.