"Vert,so gold just regained the $20 it has lost in the last few days,and you think that is something to crow about?"
No, the fact that you proved once again that you were wrong is something to crow about, add it to the growing list I suppose.
"look at the gold chart and it is obviously in a downtrend and while it will have up days or weeks,it is still trending down."
It depends what time frame you want to look at, over the past 12 months it has been range bound between $1200 and $1400.
"A respected gold analyst in today's paper is tipping $1050 per ounce by end of 2014,and looking at the chart seems a fair call."
The analyst may well be right. In that case the gold price would be around $1200 AUD, and as the mine was previously producing at a cost of ~$800 AUD, there will still be plenty of profit.
You may want to try independent thought instead of relying solely on the opinions of others.
