Note carefully that the gold price in $CAD has remained above $1300/oz.

http://www.kitco.com/gold_currency/index.html?currency=CAD

$Gold:$Silver Weekly

A strong inverse correlation of the gold/silver ratio with GBN.V share prices suggest a 'buy point' is at hand. The way I explain this obvious insanity to people is there have been lots of buying opportunities, but no selling opportunities. But you might also want to compare the 2014 low against the 2010 high, both in December.

http://scharts.co/1bZ1HW5

$IRX Monthly

We are perhaps within a hair of the U.S. Dollar entering into the devaluation competition. My guess should this occur, that $CDN gold prices remain stable.

http://scharts.co/177QcIi

-F6