aggressively expanding into a falling gold $, page-20

"At the moment focus does not tick all the boxes for institutions but if or when they do there will be a stampede."

If grannies had wheels they would be buses. Fortesque went from a few cents per share to more than $6,00 in a couple of years, but statistically how many Fortesques can we expect to be currently in the making?

"does the fundamentals of FML
in your assessment and risk metrics
equate to current sp?"

In the short run markets tend to anticipate. That is, they seem to care more about what they think the price is going to be rather than what it should be but it is not.

Therefore sometimes it does not matter much if the fundamentals of a company are looking good under current circumstances, because what matters is to know if they will still be looking good in six or twelve months from now, and when the share price of a company drops 50% in a relative short time it is hard to see how the markets can disconnect themselves in such a fundamental way from the fundamentals although, of course, that is possible.

"for every seller there must be a buyer"

For sure that for every buyer there must be a seller and vice versa, but that does not mean that every time the markets clear at a price judged by some to be too low somebody must be manipulating things. Moreover, if there are robots selling with the intention of pushing the price down then there must also exist, when the circumstances are ripe, robots trying to pump and dump but, curiously enough, on those occasions is very rare to hear about them.

"The sudden falling of pog was due to a rumor" Again I must say if rumors can push the price down then for sure that they can also push the price up. However, after the original disturbance one would expect on both occasions for things to go back very quickly to normal, because after all they were only rumors and not facts.

"from the earliest human recording history
we as a whole has had this
mysterious relationship with gold"

Man's fascination with gold goes back thousands of years However that did not forbid the pog to go from around $850 per ounce in 1980 to around $270 in 2002. I know, I know, this time is different.

As I said before, the current price of gold maybe seen in one or two years time as ridiculous low or as ridiculous high or just right, but who knows?