Yeah but investors are not the gold market. The gold market is the jewlery market and jewlers are borrowing gold to finance their inventory because they know sales are going to suck and they will be able to buy it back cheaper later.
Hard economic times like I think we have in store will bring gold to the market like squeezing a sponge. Further the chart says gold sucks! I am a gold advocate yet I also know the real market and what moves it! The market is moving exactly as I called it. EXPECT CONTINUED DOWNSIDE TO THE COST OF PRODUCTION OR EVEN BELOW!!
That alone will turn FFGO's paper claims to rubbish! Nobody calls the gold market like Derbenski calls the gold market! Ask Prisoner....
Hope you are having a good day today. I noticed the pps for HGLC has rebounded several times over the last 3-6 months and I pray it does again. God Bless.