I bought physical gold today, in the form of Regis Resources, Northern Star and Newcrest Mining.
I did have existing positions in RRL and NST, but I have been able to bring my average down quite a bit.
I am not saying POG can't come down more, but I am saying I think the initial move this morning was to spread fear, and we "only" down $35AUD/oz on Friday's close, in which it was already beaten down.
@Skol as per my request earlier, I am still interested to know what happens if POG does not go through the level you posted earlier. This is a legitimate request on your perspective.
Also, how much lower do you think it will go now that spot touched $1667 this morning?
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