pog, page-68

$1180 should act as good support where gold bottomed last time. If this is broken then things will get very interesting. You have to think the market is already pretty short, so do they throw more ammo at it to push it below the cost of a lot of production? Maybe but its not sustainable. Gold can't buy a friend at the moment, but its usually times like this when its just one way traffic that a market surprises.