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Re: goldenpolarbear post# 1485

Tuesday, 11/11/2014 10:36:19 AM

Tuesday, November 11, 2014 10:36:19 AM

Post# of 1856
G.P.B, the price of GOLD dictates the management unfortunately. What they both should have done (san/kerr) was hedge themselves for a blatant manipulation of the paper markets (which dictates the physical "supposedly"). Paper markets is what is dictating the physical market (makes it appear weak) but with EVERY SINGLE drop in price, we see that physical gets damn near sold out instantly. What does this tell you?

Bottom line, don't give to much of a crap what these companies are doing as far as what they are doing with their management teams. EVERY SINGLE ONE of these miners are downsizing and for one reason. Look at currencies and BASEL III. I hope my "opinion" helps a bit. If it's buy, then buy!! If its a sell, then sell!! This game is rigged from the top to the bottom. To try to make sense of it all is a losing game, so do go with your gut IMVHO.