OverallAll markets not looking very healthy. Profits propped up by large price increases but that can't last due to consumers turning away from those hefty price increases. Only way for companies to keep the ball rolling is to reduce prices which in turn means a reduction in profit. That will lower share prices worldwide.
Remain defensive.
As for the POG, it seems to be caught up in this downdraft. Still at a decent price to reflect healty earnings for those Gold stocks with a low AIC. I'm hoping IAU can up production a little to cover more exploration expenses. Seems to be still a lot of selling pressure, watching it very carefully. Some good hits will shake the sand off the share price now the funding has been taken care of. Obviously it would be great to see a major kicking the tire.