This is the best environment for Gold I have seen in 30 years of investing.......CB response will be to flood the market with cheap $$$$$ bitchez, and go more negative in interest rates + declare some short term debt jubilees. Massive stress on financial system playing out at a bank near you.
Gold holding up pretty good despite getting more chin shots than Rocky Marciano.
Gold stocks getting a whaloping short term for liquidity. They will stage a massive rebound once the major markets have deflated 30-40%.
Waiting patiently to buy. Production should be pretty good the next couple of Qtrs.
TRY Price at posting:
6.7¢ Sentiment: Hold Disclosure: Not Held