The world is in unchartered territory with gold falling with commodities, gold normally goes against the fall as a safe haven. Copper the traditional indicator of a recession is down and down substantially.
We have energy costs out of control with record inflation around the world. Low interest rates have resulted in record levels of debt every where you look, both public and private Lots of small to medium goldies are in big trouble. I just hope gold rises along with our production ounces. It will be a bumpy ride for a while yet.
FFX Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
