gold, page-46099

Perhaps I did not make the point clear. At the present time I do not see any ( apart from the minor increase in all currencies over the past day or so) compelling reason to be long or short Gold. Gold, so far, has hardly responded to all manner of ‘provocations’ that have been thrown at it. However, I am not smart enough to know the future and a catastrophic event may indeed cause an immediate significant jump in POG. So, a prudent investor probably should have a small...say 10% or less interest in Gold. I decided a long term producer is one way to obtain leverage to Gold. If all goes well GOR is such a stock : a large long life mine with an experienced operator. Should be producing by June 2019.
Hope that clarifies my position...