Their $`1500.00 Gold fireline, is just bearly holdBy the skin of their teeth...not much talk about this V. important $1500 Gold mark...they have been throwing everythingeverything at Gold, to knck it down way down...but so far no go...Gold is holding up really well in view of the unprecedented attacks...This I would say is also part of the revenge of the US$...what nonsence!!!We all know the US# will break first, maybe even toomorrow, when economic numbers are due out, and I feel they will be indicative of a slower US$ economy...
There has a real live dramain the world markets, behibd the scenes...US$ vs Euro....After the 2nd world war, the moneys powers were divided in 2...US$ as the World Bank, and Europe as the IMF...What we hace witnessed this week is a deadly attempt by the US$toremove that control of the IMF from the Euros, by planting repeated and repeated times this so called rape of this maid in NY, by none other than the current Ptes. of the IMF...He has now been forced to resign his post, and new Pres will be elected...The US$nis so upset that their intriguing sexual assault plot is failing to deliver the IMF to them...The Euros will circle ranks to defeat any attempt to take control of IMF, and will like nominate that Blanchard woman, all French, and will get the job done at IMF for Europe....Politics have gotten rotten indeed...What the US$ does not realize that what is good for ythe goose is also good for the gander...all theseyticks by US$ will all be repaid in kind by the Euro, in time...
om a micro scale, PDG is just acting beautifully...All Gold stocks are awaiting the Gold price to officially cross $1500.00, the failure of the US$ to hold GOLD will be a compelling demonstration, that it has lost control....So I expect the actual new Gold Bull, to begin as soon as that $1500.00 mark is breached....
Just simply fantastic News from Magino wxplorations drilling programs...Not only did they expand the current potential open pit, but they did so with some ease...It is obvious MAgino was never properly drilled, you can blame it on the Geos, but I beleive the very low Gold priceswere a strong contributing factor, that would not allow GG to think outside the "BOX"....anyhoo, Magino is ours, all ours...Not only are they all all the GEOS, very happy with the results so far, but they have raised the drilling from 20,000 to 40,000 +...this says to me not only have they found more gold ore, but they are now convinced, the mineralization will extend well beyond the proposed pit, and so I am certain this was NOT a one decision, but insteada unified decision by all the Geos involved, and so the more confident I am that this MAGINO will be a nice HIT all around....The one very important feature that remains to be proven, as it occurs geologically throughout the area, is much richer au grades at depth...akin to Hemlo, wherein lower grades finally gave into higher grades at depth...I am convinced this will gappen with MAGINO as well, and I am basing this statement on the Geoly, and my interpretation of it applying also to MAGINO...lol...and let,s face it it is an opinion based on the known Geology of the area, and MAGINO thus far..;et,s all hope the Geology is on our side. so far it has been 100%...Good luck to all true PDG sharegolders.....
Mellow99