have re-entered today 13.5
GRY follows the trend, a little sluggish.
But as other goldies rise and fall, GRY will do the same.
Its big advantage, is that it is never in jeapardy of being put into suspension, or liquidation, given its 46m cash balance, and a developer.
So, the FEAR factor, while it can tarnish the sector, it is only epidemic for those gold PRODUCERS whose cost of production is above POG.
FED announced will continue QE, thats all that matters for now, and gold will rally.
I think there will be short covering, and asian buying, how far the rally goes, i would comment later. But expect this rally to exceed the previous.
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have re-entered today 13.5GRY follows the trend, a little...
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