Miners beaten downMy Comment: So, does this mean you just continue to accumulate? I think it does, but what will turn the market around? Surely, US sovereign debt is not a safe haven over the long run as the national debt keeps expanding without limit. 'The joy has gone out of it' - unending bear market is grinding down gold miners | Kitco News Excerpt:
Erfle said there are just better options for investors with elevated inflation, good rates on T-bills and other parts of the market showing more promise.
Harris noted the toll the gold market is taking on investors and companies.
"It's grinding down the management teams," said Harris "People have commented to me that they love the sector...but the joy has gone out of it, because it's relentless—the endless calls from disgruntled investors about when it's going to turn around."