IMHO All bets are off: - The Euro zone is incendiary weak, and could combust at any time - the POG is falling, as are most risk assets. One thing I cannot envisage is a POG of $2000 - the USA is in political paralysis - global markets are volatile and look like staying that way - many investors have withdrawn too cash, and those that remain are fatiguing - FML has not yet proven it can produce 100,000oz from its original mines and the CRE mines are still an unknown quantity - TI looks like it shoots blanks - the AUD looks strong - the Iran situation looks threatening We could well be in for Global Depression II. If not anticipate a prolonged period of market weakness and volatility. FML has its own challenges which it must face down. I have not sold, but fear that I will. K
FML Price at posting:
5.7¢ Sentiment: None Disclosure: Held
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