I like NST too, but unfortunately atm its a traders market.
Lots of unwarranted needless selling based on speculation.
Yes Greece is going to default but wouldn't the ECB print like mad to keep the next in line's funded and stop the contagion which'll occur when billions are wiped off debtors asset accounts.
Another side effect would be is devaluing the EURO as it would strenthen against other countries as it loses a burden (greece).
I too am looking for POG to correct its trend and when it does will be jumping back into my favourite low cost goldies.
There will be plenty of BETTER bargains soon, just gotta be patient and ride the trend when sentiment turns.
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- gold has come off about $40 an oz in aud
gold has come off about $40 an oz in aud , page-7
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