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

cheers GF.

This is what Cazenove thinks:
"Gold’s urgency diminished, but LT debasement bull case intact: Recent Fed pronouncements are deemed less hawkish, which amid low global inflation has led many investors to question gold’s relevance and safe haven status. We retain our belief that a tripling in US debt since 2000 and debasement of FIAT currencies since 2009 means the LT bull case for gold remains intact, or at the very least gold’s relevance as a hedge does. Gold opportunists should note that much of the metal flowing out of the ETFs (19.7Moz YTD) has fed rising demand in China and other EMs.

UK gold sector still not cheap despite share price collapses: with most of our coverage universe likely to be loss-making or facing liquidity/solvency issues if current gold and silver prices continue to perpetuity, we struggle to identify fundamental valuation support in the absence of a gold price rebound. This is despite a 50% average fall in share prices YTD. Rising gold equity betas undermine the historic justification for premium valuations for precious stocks, yet we believe premium ratings are appropriate for companies with low beta, high-quality assets and operational capability to cut their cloth according to prevailing market conditions.

FRES, RRS & POLY top picks; avoid POG, HOC & ABG: we incorporate JPM’s recently reduced gold price forecasts into our models, prompting significant downgrades to our base case FY’13/14E EPS. FRES, RRS and POLY can all generate FCF even under further price downside scenario and are our top picks; POG and HOC have differing degrees of balance sheet pressure and are our key Underweights."

GS haven't updated today!

Finally starting to recover a bit and high time too ! Still down over 90% from its' highs.

maybe shorters like goldman sucks are getting a little twitchy?

I've closed a SB today, position for +24, but still have a 'real' holding which is somewhat under water still!

I guess the big concern has been the fact that they are in the good old USSR !

what was that great Beatles anthem?

white album tells all

PETROPAVLOVSK PLC - ADDITIONAL LISTING
Application has been made to the Financial Conduct Authority by Petropavlovsk PLC ('Petropavlovsk' or the 'Company') for the admission of 9,778,332 ordinary shares of 1 pence each in the Company ('Ordinary Shares') to the Official List and to the London Stock Exchange for these securities to be admitted to trading.

The application has been made in relation to the new Ordinary Shares being issued to shareholders in respect of their entitlement to receive 1 new Ordinary Share for every 19.21 Ordinary Shares held on the Register at the close of business on 28 June 2013 pursuant to a resolution of the Company's shareholders at the annual general meeting held on 11 June 2013. It is expected admission will be granted on 25 July 2013 and trading will commence 26 July 2013. The new Ordinary Shares will, when issued and fully paid, rank pari passu in all respects with the existing Ordinary Shares, including the right to receive all dividends and other distributions save that they will not be entitled to receive the cash dividend of £0.02 per Ordinary Share payable on 26 July 2013.

RBC Capital Markets Underperform 98.75 99.00 150.00 105.00 Retains

grit your teeth and sell into the rally seems to be the best call

I don't recollect the name of the song, but the next line went something like " You don't know how lucky you are !"

Westhouse Securities Buy 97.75 99.00 275.00 130.00 Retains

There you go. Now down on the day. There sure are funny things going on !!

could be the vampire squid at it again.

I wouldn't take these as cast in stone, but some short stats.

POG

Have just received my free shares, though not sure if that is good or bad. I paid nothing for them, but there are now another 9,778,332 shares in issue so I assume the market will correct for the dilution. I also assume HMRC's eyes will light up at the thought of the tax gain when we sell our stock!

Hmmm - I don't appear to have mine as yet!

On edit - yes I do - they have been lumped in with the original , rather than as a separate entry!!

Not quite sure of the purpose of this issue. Presumably to ease the pain for us shareholders by adding more badly performing shares to our existing pile of poo!

don't know whether thats good or not, my kaz is still well down :(