"What we don’t know today is whether a broader systemic crisis will tip the gold price towards infinity, or whether a gold bullion crisis comes first, triggering a wider systemic collapse. It is too close to call. Either way, it should be spectacular."

Spectacular yes, but it will be absolutely tragic for so many.

And, $3.50 is a buying opportunity for both SGR and LSG. Two years from now (or much sooner) it will prove to be a fantastic move (IMHO).