price

As a long term holder with this stock and a few others I have lost a lot of capital with goldies.
I know there are plenty of others in my position.
I like to keep a positive attitude to PGI with all their work to rectify and improve but even though they are in a healthy hedge position the sp still moves with the gp.
Still scratching my head at that one.
Logically speaking where will the gold price go next?
The Fed will begin cutting back the stimulus in the short term and continue as the US economy picks up pace.
To me that means a depressed gp for the next 12 months or so.
Personally I don't see gold moving up until the FED tapering comes to an end and or inflation begins to move higher and that is not happening yet.
Hate to be so negative and would love the feedback.
All IMHO.
Kind regards.