Well, the POG is certainly moving, just the wrong direction. Haven't come across any plausible reasons yet. Tried the HC GOLD Forum, but as usual, there is very little sign of intelligent life on the kooky side of the planet.
Here's my theory.
Not only have Greek men completely quit buying gold necklaces, they are frantically selling the ones they wear for scrap gold, flooding the market.
Everybody agree?
pog
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