Great post. I agree substantially with your analysis of the Gold and Silver markets.I attended the Gold Symposium in October, when many of the issues behind the significant POG reductions was tackled by most key note speakers. These included Richard (or was it Robert) Rule of Sprott USA and the GATT secretary. Rule has been buying quality junior/mid cap goldies for some time.
A key question in the future POG is what quantity does China want from a demand perspectives versus what they already have without major disruptions to the US $ and POG.
SLR Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held