some perspective10 Dec 2016 10:56
so why the price drop--1/ POG each year gold drops in the run upto xmas(almost like clockwork), last year around $1030(hit this and im heavy long gold), year before similar levels to what we have now, 'experts' everytime predict massive crashes yada yada, each time, after xmas, it bounces and heads back up, dont know why, just does...2/ the biggie! finance approval and more delays--this is frustrating the 'heck' out of all of us--will it happen, is Harry lying yada yada--you either believe it wont happen, in which case, sell and move on to pastures new OR you think it will (Harry, directors, Odey et al have alot of 'skin in the game') at some stage in which case, see this price drop as an opportunity and load up(ive doubled my already hefty spreadbet longs over last 2 weeks---had i anymore free cash in my sipp id have done the same there)...my price targets over next few years(3yrs) are 5-10p for spreadbet acnt and 10-20p(5yrs) sipp--(look at solg if you think that 'silly' talk - under 2p to almost 30p this year), im patient so expect to be rewarded for that........the potential is life changing for many...the 'fast buck' will be made on finance news, the big money once production is up and running and debt repaid......wishing everyone all the very best, whichever way they feel, safe and happy xmas & new year