anyway, where did 70c come from Dave, have a look at historic P/E's we are at historic lows, slowdown not reflected in the market - who are you trying to kid? World has gone from 4% growth to 2%, BUT is still growing.
We have stockpiles being slowly chewed up, try and get actual gold delivered at the moment, there is a substantial wait, as there is not enough to supply demand.
All the volatility we have been seeing is all sentiment based, not fundamentals.
my two cents worth 8P
cheers
Steve
OZL Price at posting:
$17.00 Sentiment: LT Buy Disclosure: Held