POG

Watching the POG going up and down is more dramatic than playing with a yo-yo.  As I had said earlier, this is not merely a demand-supply issue but the hallmark of a manipulator or rich investor.  What I am interested in, is the trend.  Overall, POG has been relatively stable although it did spike to over USD$1900 per oz in the last year.  But that was spike, not a trend.

Yesterday, when the market has closed, I noticed that I have collected a small parcel of OYM to top up my dwindling (in value) holding.  If an explorer-cum-producer keeps uncovering gold, it is difficult for me to ignore it.  I had also put a low at 3.7c for ABU for some time now but I just missed out on it yesterday.