"anyway, watso questioned this strategy a long time ago, and so far, it seems that watso has been correct"
Hmmmmmmmmmmmmm ..... well perhaps in watso's eyes at least.
May I suggest that the "strategy" of selling nuggets via the website is just getting underway. Maybe, once the site or availability is better known then we will find that the pace of sales picks up. Remember that they have just been available from this site since about mid November. Gee the shop has only just opened !
The other thing to bear in mind is that there are a great number of predictions that (a) the price of gold is going to forge ahead over the next year.... a couple of significant predictions of reaching up over US $2,000 from reasonable reputable source let alone other sources. (b) the demand for physical gold is on the increase overseas.
So the "calculations" of 300 days at 45 ozs per day at $850 could be well astray in about 3 or 6 months time.
So watso I will concede one point "so far, it seems that watso has been correct " well sort of ... perhaps. The emphasis being on the "so far"
MXR Price at posting:
5.4¢ Sentiment: Hold Disclosure: Held
