"Nothing will hold this back."
I think it is a little premature to make that statement.
There is a GDX/GDXJ Re-balance this Friday.....not that it will affect DRM directly.
But there will be some bargain sell-off in other miners which will indirectly affect DRM.
Next week US Fed interest rate hike....that is always a serious headwind for Gold and gold miners.
Once FED meeting pass.......Gold will get a direction...until then it will be trading in the range of USD 1208-1180.
Suffice to say I am very disappointed to see this miserable USD gold price action. Took it on the chin.
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