gold price up another 1.2% tonight, page-26

Hi Choo12,
I hope I am not out of line writing to you but I have two things to say.

1. Great post and a thumbs up from me I agree well done.
2. Thanks for the validation I have been warning about the debt and Greek situation for months / years.

To all who want to listen: The carry trade will keep on unwinding the appetite for risk has been severely reduced.
The Greek situation is not gone either they will default it seems at or just after the 19th May debt roll over date - banks in Greece, France and Europe most exposed.
Spanish bank told my partner they cannot get funding at a commercial rate so have to offload assets now.
The great Dudd tax deal will keep pressure on the miners.
Liquidity is drying up sellers forced to sell on any bid so nothing to do with fundamentals.
Margin loan call might be triggered here next.

As Choo12 states you can't go broke making money and FML is making about $1M in gross margin a week at this AUD gold price.

Cheers,
CW