Ann: Construction at King of the Hills continuing as planned, page-6

A perfect storm is brewing .... if the gold price confirms US$1800 /A$2400 as firm support, then technically this is very bullish, as the US$ gold chart is in a descending triangle formation, and a break up wards could see a dramatic rise as the shorts are forced to cover and new highs probable.
All this occurring while KOTH comes on line, on time and under budget .... while KOTH will be a valuable asset for several decades (or longer), ultimately its the POG that determines its mature valuation .... probably as a cornerstone of a much larger company ...
Conversely if the triangle formation breaks down then $US1600 support would come under attack .... why would the Chinese allow this ?
If the Yuan is to rival the US$ it cant allow the debasement of gold as a store of value .... IMHO .... not going to happen ... go gold, go RED.