Ann: Investor Presentation - Euroz Rottnest Conf , page-244

re: Ann: Investor Presentation - Euroz Rottne... At critical support,need something positive for POG here to help MML freefall.

Gold has us concerned as it drops closer to the potential support at its 30-week m.a. And the always much more volatile (in both directions) gold-mining stocks plunge at a much more pronounced pace.

Over the last several days, gold has not shown its previous pattern of moving opposite to the stock market, rising as a safe haven when stocks sell off. Gold was up sharply the week ended March 14, when stocks closed down for the week. Gold was down last week, when stocks rallied back. But gold closed down again today even as stocks closed down sharply. It has our attention, particularly the mining stocks. We remain bullish for gold, but the mining stocks can either move with the bullion, or with stocks. It has done both in the past.