Yes it has but remember what Sanz was quoted as saying in a public statement on the radio.....there is 31M oz of gold worth $35B. Not sure if that is worth $1 or $2. KRY didn't say it VZ said it....VZ clearly see's the value the overall market doesn't right now. Value in companies are created during market downturns hence M&A activity. The value is seen by those who played their cards right and are able to weather the storms until the next up turn. We are in a storm and the sharks are circling.