POG

In spite of the turmoil around the world economies, the POG has remained above USD$1500 per oz for most of the time while other commodities (other than grains) have tumbled.  Unfortunately, big gold companies couldn't get their act together with either declining extraction, failing productivity or some other management issues resulting in poor profit results.  Yet, you would think that gold producers should be lapping it up.  Some of my gold stocks are either starting production shortly or have been producing recently, but the share prices are yet to reflect their prospective profit.  At least IGR has improved recently but that is because of a takeover by... another of my "like" stock SLR.  Some like CGX has even announced better production recently and are marked down even with good projected figures.