RE:Forex Implications Everyone involved in gold mining including the managements and the shrill analysts and investment bankers have turned the whole PM sector into the Professional Wrestling branch of financial markets . No investors who aren`t hardened gold bugs will touch it anymore . Those running the show are well within their rights to continually tell bald faced lies with no consequences . Naked shorting of up to 500% more gold than exists on the market and 10 days to declare it ? What`s wrong with that ? Apparently nothing . We are hooped .
No matter what the whinning media write about the weak price of gold , they are wrong . US $1750 like today is a very good price and it is holding strong around this level . It seems to me when they first announced the upgrade at Selinsing they expected to be profitable under $1200 . I can`t remember . I think when it`s all tuned up it could be lower . When you substact one from the other , MMY will be gushing money in a few months . It hard to believe nobody wants it but that seems to be the case . The way MMY operates we will have no information about any of this before I`m cutting my lawn again in 2023 . Our best bet by far is an individual who can buy this company with it`s own money and pay us to get lost . There has to be at least one out there . No ?