Trouble is chick everyone who buys physical wants the POG lower ie China,Russia,Indians and individuals ( the big buyers) and of course Banksters for different reasons - so its a win win atm for those guys!
Its the miners and we shareholders in such, that are doing it tough !
Haven't followed gold thread for a while so have no idea how global stock holdings are positioned-thinking more about supply and demand .
Heard a commentary by Rio's Ceo the other night ,talking about what they are doing to consolidate/improve Co's fortunes in spite of the current iron ore price ...focusing on core business's/trimming the fat/ etc...actually made me think that's exactly what SLR are doing,so ,whilst I'm not happy with SP at the moment ( and lack of reporting to shareholders on a regular basis) it would appear they ( Mngt) are doing the right things to survive.
Just keep us informed is my plea !!!
Glutton for punishment or wise?, page-17
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