Hi all Don't get me wrong, I'm still completely on board with...

Hi all

Don't get me wrong, I'm still completely on board with Gold and BDR long term, I own both and plan on buying more.

However, the one thing that concerns me about Gold (this is purely my sentimental opinion), is that the successive declines and price gyrations we've experienced haven't yet been as terrifying as those experienced in other commodities.

I almost feel like Gold needs to crash down to $900 to once and for all sort the wheat from the chaff so to speak.

Once that happens then we'll have only strong hands on deck and it can resume its upward march.

I want all the paper warriors to go short at $900 an ounce and have to sell their house to cover at $1200. That'll remove them permanently.

None of the above is based on any sort of evidence or empirical data, it's just ''how I feel'' about Gold.

It would be nice though if it just rallied from where it is though.

Cheers
Ivan