I'm a tad cynical when it comes to charts, but I'll give you my...

I'm a tad cynical when it comes to charts, but I'll give you my interpretation, based on many years of research:

When the line on the chart is going up at a 45 degree angle, the sp is rising ... when the line is going down at a 45 degree angle, the sp is falling! QED ...

I hold a pile of ABU. I've $averaged up, I've $averaged down. I continue to hold because I believe in the fundamentals and the management of ABU.

I'd love to buy on the dips and make quick profits selling on the peaks, as day traders do, but I don't for 3 reasons:

1. I don't have a crystal ball.
2. It's too much hard work and I'm an inherently lazy bugger!
3. 90% of short-term traders FAIL!

I agree with other posters ... the ABU sp has come off because of POG falling and profit taking. Simple as that.

While POG has been falling, I've held onto my ABU shares and will continue to do so, confident that we will see more good news from ABU and a bottoming of the gold price decline.

I haven't even monitored the market this week; I've been busy buying physical gold (sovereigns) as an investment for the grandkids!

I see that POG rebounded a little overnight, so maybe a slight increase is on the cards for ABU today ... either way, we have a great company in the making here IMO.

Posters with far more experience and knowledge than me have explained ad nauseum on HC about the fundamentals of ABU and for that, I thank them.

Good luck to all believers!