Yes, and I guess some of the selling is a short-term response to the lack of QE3 and the subsequent drop in the price of gold.
Along with some tax-loss selling, especially from those who took up the issue (at around 80c I think).
And, for others, August is a long time away.
IMO, there are few things in life more certain than Beadell giving us a big fat Xmas present this year.
