Ann: September 2022 Quarterly Report, page-39

I disagree as gold is doing exactly what it's supposed to do. pog is down less than half of the S&P. It's near all time highs in most currencies except the US$ and when the FED slows down its rate rise pog should take off.Physical gold is in high demand it's the paper gold market or the price you see that gets whacked because like currencies, bonds etc it's paper and they can print as much as they want. It's all a game and none of us are in the game. It seems most gold companies that bought over in Canada have had major problems for whatever reason.