Nahhhhh...... Big 4 gold companies not run by gold cartel planted CEOs. They just had lots of expenses and write-offs last quarter.... that’s all.
The ridiculous accounting tricks that were done to make Gold stocks look terrible and stop any influx of capital into our sector. Ten articles a day on Yahoo to dissuade investment in this sector. It just gets more desperate and worse by the day.
Paper defense of a paper market is child’s play for them. They continue to not disappoint with their obvious, relentless, brutal and in your face manipulations. Anyone that has ridden this market for the last 10 years deserves a Purple Heart medal.
If you went to lunch with the CEOs of these gold companies and looked at the menu, you would find out that you were on the menu. Roast Gold Investor. Behavioral finance at it’s finest. Reward the dummies and spank the crap out of the intelligent people with vision.
I kept buying all the way down and have doubled up in the last month……. But would have to double and then double again to break even on the shares. Good thing 80 % of my money is in metal. They call this investing ???? I call it masochism.