Do not rely on ETF gold prices as being a reason for someone who knows a good thing.
Every gold ETF ounce is owned by many thousands of supposed owners.
For example silver ETF/ounce has now 500 supposed owners.
Hold metal in your hand before getting carried away.
There is a huge disconnect.
The good news is that things will change for "owners" next couple of years but until then should not be linked to any metal explorer or miner as indication to SP speculation.
It will be good but take a while to say that meaning something.
The whole metal market is rigged so anything can reverse at any time.
Just saying is all...
BnS
MCT Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
