As long as the paper based gold ponzi scheme remains, these manufactured attacks will continue to occur.
Fundamentally there is a big effect doodle, lower (manufactured) Gold price affects revenue ( yes I know we hedged higher) but my screen shows a substantial affect on the SP today! Recovering a little now!
Fundamentally, we're not producing yet so theoretically we shouldn't be affected as heavily as producers, but we have been, it's an irrational market!
I am long on BLK anyway so I don't really give a toss what the criminal bankers get up to short term!
If I had the spare cash I would have bought more this morning!
As long as the paper based gold ponzi scheme remains, these...
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