Skol, since Friday gold dropped from about $1425 to about $1400 which is about 1.75%. As you're aware many prices and indexes have dropped 10 times that since Friday.
That's what people mean when they consider gold "safe" in the current environment. Over the last week it's a fact not an opinion.
You're right about gold shares, they get smashed along with everything else, just like last time. Appears not to reflect value but that's the way it is.
Big question is - how long might this go on? Any thoughts?
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