gold price is getting crushed atm, that's why the was no spike in what was a good announcement for NIU, if gold continues to decline I see a big drop in most gold stocks over the coming months, even today MOY down 10%, PGO well down over last few days, GMD now a producer was down 10% today. Gold will recover but when is the question, I have a buy order in at 5 if gold is down again tomorrow there is a fair of it getting hit.
Gold settles $43 lower at $1269.70 per ounce, at lowest level since Brexit
NIU Price at posting:
0.6¢ Sentiment: Buy Disclosure: Not Held