Ann: RIU Presentation - February 2013 , page-58

iamtheoracle

Thanks for your comments

So Macquarie and DB didn't forecast the significant drop in Gold...mmm

Could it possibly be that they wanted out at a higher price???...mmmm

The following graph (SLR Share Price v Gold Price) clearly indicates that SLR SP is tied to the price of Gold...it's almost identical

You are correct...Gold Price has to be in a confirmed upward trend before accumulating more or buying back in...IMO

Here are the latest Support levels for SLR

Support Level 1 1.7
Support Level 2 1.58
Support Level 3 1.46

A continued drop in the Gold Price will confirm this.