RE:RE:Macquarie
I tend to see things differently.
I think gold is going to continue to be range bound between 1150 -1300 until the FED in the United states finally starts raising interest rates either in sept 2015 or the first quarter of 2016.
I think that gold and silver will tank in reaction to this and that the mining sector will experience one last flush and capitulate . I would love to see Teranga sold before this happens just to build up my cash reserves. Yes I may be wrong but an ever rising stock market due for a major correction, and the need for the Fed to normalise interest rates point in this direction.
JMHO