Stone:
It will not be bad for TDC. While some will have to sell as their margin calls come in, and they have to sell their 10% of holdings that are gold to pay off their losses on Monday, there are Billions on the sideline in money markets and cash that will buy into strenght in the Gold sector, and gold Juniors.
Also, fund managers holding cash will see this as a cathartic moment, tipping the sales clearly infavour of Gold.
Once this TDC rolling stone starts to move, it will get it's enertia.
What is your analysis?
SKELEG