http://www.kitco.com/charts/livegold.html

cheers GF.

Citigroup Sell 150.15 142.80 141.00 132.00 Reiterates

sp up 9% Citigroup really know their onions!

POG has a very poor record for all sorts of reasons .... as you should know, once a company loses the confidence of the market, it is very hard for it to regain its credibility

Date Broker New target Recomm.
25 Apr Citigroup 132.00 Sell
24 Apr Canaccord... 510.00 Buy
24 Apr JP Morgan... 420.00 Overweight
24 Apr Westhouse... 250.00 Buy
23 Apr Liberum Capital N/A Buy
23 Apr Canaccord... 600.00 Buy
23 Apr Westhouse... 365.00 Buy
23 Apr Bank of... 530.00 Buy
17 Apr Westhouse... 365.00 Buy

Nevertheless, all other brokers are positive!

no one ever believed Cassandra either ..... no, i don't mean rodney's gf/wife!

No you're right, though many of her predictions were correct. She was murdered in the end, having previously predicted the fall of Troy. I hope you are not alluding to any similarities with POG!!! ;o)

cynic recent news from POG confirms production is on target, all gold mining shares have fallen in line with the drop in the gold price caused by short selling, maybe Citi are jumping on the vampire squids band wagon.

harry - your story about cassandra is about as accurate as some of fred's posts! :-)

hali - i'm a holder of these too, but their performance over recent years has been more than tiresome

It was very brief, with many omissions, but not inaccurate methinks!

do i really have to teach you :-) ??

in a nutshell .....

cassandra was the daughter of king priam of troy
she upset apollo who then cursed her with the gift of perfect foresight but also of never being believed
following the fall of troy, she was abducted to become the concubine of king agamemnon of mycenae
clytemnestra, who was agamemnon's wife, then had both cassandra and agamemnon murdered


like i said, you were about as accurate as some of fred's posts!

Hmmm...we'll agree to disagree then cynic. I said she was murdered, that her predictions were not believed, though they were accurate and that she accurately predicted the fall of Troy. I was just hoping that you weren't comparing POG to Troy. A bit of a storm in a teacup! ;o)

about as accurate as a politician's statement then :-)

If you were wondering why the share price went down today, it's because I bought some !

Vanguard Precious Metals and Mining Fund > 8%

Canaccord Genuity Buy 148.75 154.00 510.00 510.00 Reiterates

Unfortunately the price is heading in the opposite direction, along with most of the mining section. When will it turn around ?

Short pressure is reduced, and Gold price is recovering slowly.

At what price the shorts will be squeezed?

It appears that India, Turkey, and China are buying Gold big way. Is Goldman right????

Apparently paper gold is being sold, but the demand for real gold is growing!!

Turkey:
http://gulftoday.ae/portal/f90d460a-0cf4-45b4-acab-f2746009460f.aspx?

Evy Hambro was on Bloomberg this morning: he didn't talk much about Gold (mostly China, Africa, Iron and Copper).

However he did mention that the recent fall in the price of Gold was down to paper selling ('as near as we can tell'), that this paper selling added nothing to the supply side, that bullion dealers could not keep up with the demand for physical at the current price and that there is a 'massive short position on the Comex'...