Steady on.
20koz is not huge really when u r talking 500k oz pa production. Reaction to POG vs USD.
Other goldies I have are down worse.
momentum is against us.
Fundamentals r still there for gold, just when is the question.
Interest rates up by the fed next month.
World economies teetering, I'm now down on Regis, but will wait for bounce and confirmation, then my dry powder goes to work.
Anyway, GLTA, have a good weekend.
Suns out , go for a surf, get burnt and hold.
srm777
rrl, page-26
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