RE:RE:They are offering me money to come and take it ..I was being sarcastic. Was joking that we are told gold is sh!t, no good, pet rock, why own it .. etc etc .. so if they really hate it that much, pay me and I'll come and get that "garbage off ya" .. /sarc.
KNT however is still profitable operating at all in costs of 650~750 per oz.
Gold is the money of kings. Retail gets the shaft. But again. If the fundies have not changed for this company, all that remains is patience.
Gold will do whatever those who wish to control it will do.
E.g. IMO it's gonna trade sideways between 1150 1250 ad infinium until the system breaks and/or such a significant event takes over
ESF has endless (really I mean it - endless) supply of fiat. their MANDATE is to protect the $ AT ALL COSTS .. so using paper gold and naked shorts will keep it wherever they want.
Make no mistake though, you should have a small portion of the fizz in your possession.
I have no idea what's gonna happen .. but it will prevail .. just dont know when ..
GLTY