VC - showing confidence. Sounds like a hell of a lot 2,644,017 but it cost him £7000. That's £7k more than I can risk further. Anyway, although there appears to be no progress towards resolving the situation, they are showing faith.
to the rescue
Very good blog on MiningMaven- http://www.miningmaven.com/mining-blog/21-reasons-to-buy-physical-gold-and-miners-with-gold-in-the-ground/
The World Gold Council. The CEO said It has become increasingly clear over the course of the past week,” Shishmanian said, “that the fall in the gold price was triggered by speculative traders operating in the futures markets. Their short-term view of generating a trading profit is in stark contrast to the views of long-term investors in gold, as evidenced by the massive wave of physical gold buying that began over the weekend and accelerated following Monday’s further decline. The surge in gold purchases is spanning markets from India and China to the United States, Japan, and Europe. Buyers are viewing this as an opportunity to purchase gold at prices not seen in the past couple of years. pablo2 post rec gla
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