Predicting the POG is very difficult .The US fed was obviously concerned about the rise in the POG and has led a bear attack likely through the offices of JP Morgan Chase and its down 60 US dollars plus in the last 48 hours.
We are entering into a seasonally weak time for North American gold stocks (the summer)”Sell in May and go away” .
It’s probably cheaper to buy in ground reserves than find them.
I own a Canadian explorer who has 2 million ounces with more to come .The company owns about 15-20% of Dolly who has a silver prospect in BC so the gold reserves can be had for about 20-30 million Canadian.
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