RE:RE:Bitcoin crashing... while Gold is breaking out !!!Given how much the arb premium has shrunk (it's pretty much disappeared), the market is pretty much seeing the merger with GLDX as a done deal. In light of that, I think the breakout in gold pricing will eventually (should have already, but this is plainly more evidence of how inefficient the market is at times) have a dramatic impact on any good (or maybe I should say, honest) analyst's valuation of GCM.
In other words, I see GCM shares as a coiled spring that will inevitably pop playing "catch up" to the price of gold.