I think what this guys is trying to tell us is simply that we can no longer rely on a turnaround in S. African Gold mining, and that things will probably continue to deteriorate… What that means for the price of Gold is simply, a loss of supply… less supply, usually is a good thing for price… But since this is an unknown, we can’t really think it will provide any benefit today, tomorrow, or next week… But it will be a lot like the debt statement above.. Gold supply won’t be a problem until it’s a problem…
- See more at: http://www.dailypfennig.com/2015/05/28/ecb-withdraws-greeces-ela/#sthash.uTPiR5MP.dpuf
