I get the Fat Profits report. Angus believes the POG low is...

I get the Fat Profits report. Angus believes the POG low is in.

So does Barry Dawes (formerly the MD of Martin PLace Securities), who writes the Dawes Point Report which was out today. He also believes that the bottom for gold is in and that a very strong upward move is going to eventuate in coming months.

Very pleased to see SLR SP moving up significantly these last two days.

BD believes gold equities which were smashed well beyond their fundamentals will rise much stronger and quicker than the POG. Also the physical holdings being as low as they are limiting the COMEX crowds ability to repeat the April fiasco.