China to flood market with steel...Evidently China is about to export even more steel into a market already with a glut. They are the number one steel producer in the world. Last thing I heard the Severstal fearless leader was fixated on the steel end of his business. So think about that situation, with respect to this one. If your future, as well as current steel business does not look good, do you continue to depress your gold holding value??? Take a look at Severstal leverage!! I think, as I have said previously, they are squeezing themselves, not us. And are not so bright actually as some claim. I can sit here basically forever and pick up shares, let them maneuver or say whatever they like, BUT if the gold price is staying high and prodution is on track even, then what would one suppose the outcome HAS to be, if the mother ship itself gets in trouble. That is VERY possible.IMO While they fiddle here, I think there are fires burning elsewhere. Just a thought, but ask yourself what your creditors would say, if they saw you playing with an asset which should be valued far higher, while your leveraged leaky ship is listing, with NO prospect of steel going up in price for some time.IMO We all have our pressures. I can handle .40, .30 or whatever at this point, can THEY, really??? For how long do you think???