Gold is dropping - regardless of the krr situation.I sold at a loss today.
The fact remains that gold is dropping. My anger, or disappointment, or hidden wishes or fears based on beliefs about negotiations with rms, are all irrelevant at this point.
The emotions surrounding this particular stock are too high. My Glaswegian grandmother used to say, "Don't cut your nose off to spite your face."
I would have done well to sell when the price was over C$5.00 based on rumours last week. I got carried away with the drama and my own greed.
Beware of your emotions fellow travellers. Gold will probably retrace to around US$2080, before resuming its climb higher. It will go higher.
I lived through the "merger-buyout" of KL by AEM. It was a tough lesson.
I might shake my fist at the powers that be, and I might want to find a way to effectively fight for a more just market. However, railing against the system today and losing money all at the same time is not supportable.
All the best to all of you. Fight the good fight, but remember one of the rules of the boxing ring - protect yourselves.
cleareye.