Krishna, your fundamentals on MML are Spot On Correct!
But, it's a trader's market now & we will see many a violent swing either way for POG & MML.
So i'm inclined to Play it until we see a clear & confirmed break out for the POG which is truly being manipulated.
Until then I continue to accumulate ABU with each small profit that I make. Although I did take a small "hair cut" today on MML as I didn't want to hold with the Gold Futures down 0.70%.
Then again the G.F. may turn positive & I may well feel like a complete Dk-head tommorrow. But those are the breaks.
I wish all on MML the very best. I will be IN & OUT of MML more often then a Couple doing the possies of the Karma Sutra on their Honeymoon ;-)
Cheers,
Pandelis
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