Interesting comment "just happy my investment is OK". I have a similar view but probably from a quite different persepctive, particularly since I've already lost one third of my investment in MOY. Another $150 drop in the gold price (which isn't fanciful), and another third will be gone. The reason I'm still in MOY is that it comprises only 5% of my portfolio and it is a good contrarion hold in case inflation gets out of hand. My hope however is that the global recoovery will continue and MOY drops another 30% along with gold, but the rest of my portfolio goes up an average of 15%. And in the unlikely event that a more disruptive scenario plays out, I'm trusting MOY will be a handy buffer.
MOY Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held
