I certainly agree US$1100 is perhaps the line in the sand & if it sticks there for too long, many miners will go under & obviously be t/o targets for the diligent big fish companies. I think we will know better the true direction for gold & Orbis as far as t/o offers are concerned anyway during December. We can all speculate where POG will be by say Jan 2015 but I think I'm not alone in wanting to know it's direction in the now? Is it headed for US$1000 or will it hit US$1100 & springboard back up to US$1250 pretty quickly then up to US$1300 & beyond again never to return here. Not for the foreseeable years ahead anyway.
There are many variables acting to influence POG worldwide now as most of us are surely aware of now if they've toyed with gold stocks form even mid-year to now. POG, POO, US$ strength, current wars both physical & currency wise, then you have public Joe's sentiment towards gold......?.....
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I certainly agree US$1100 is perhaps the line in the sand & if...
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