You make an interesting point, as a long term holder I am expecting the Gold smash to end at some stage and I hope to see a significant return on my investment in ABU.
For those interested, a Blog site recommended on the Gold Forum, gordongekkosblog.com is well worth a read and is IMO well researched and written, it offers some evidence as to what's occurring in the spot market for gold and the disconnect with the POG in the physical market for gold.
To quote the site " The best time to buy is when there is blood in the streets. That time is now. So don't panic. Just buy the physical, sit back, relax and enjoy the show."
I prefer the leverage gold stocks offer myself, my theory's getting tested at the minute but time will tell.
PS: If anyone knows how many ABM shares TAM are still holding could they please post.
Thanks.
ABU Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
