In ML173's defense, definitely the trade as I agreed if you backed the Fed to not taper was to buy the producers, with the likes of SLR and BDR set to rally 10-15%
Whilst POG really should have an impact on us, last nights Fed decision really send a message about the "US recovery" and restore sentiment to Gold. Expect a fairly solid floor price of 20c leading into what we know is coming.
Interesting to see if any buying into Friday anticipating the high grade results early next week
well this is interesting, page-25
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Mkt cap ! $17.30M | |||
| Open | High | Low | Value | Volume |
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