Loading ...Ipso – agree, I thought Fred hit the nail on the head.
Farmboy – agree as well. Really hard to see much upward movement especially with the levels of longs on the fund side and shorts on the commercial side. That never ends well – ever.
The shares have been OK until you realize that the HUI was around 220 one of the last times Gold was $1290
I keep seeing these gold and silver ads on TV – “gotta get pm’s now before the crash or it will be too late”
What crash? 🙂