$ONE:GBN.V Weekly

Since 2005, Canadian financial markets were deregulated. The same rules that had been adopted in the U.S. now applied in Canada. This ensured the smooth operation of equity swaps against gold equity prices since that time.

There are two things that nobody could foresee, which is a lengthy bull market in gold prices, and that gold mining companies can provide a yield. For gold mining companies, the way to break out of their self-imposed prison of alpha and ego is to provide a yield.

It has taken this long to arrive at a juncture in the markets where gold prices are sufficient to provide gold mining companies with strong incentive to succeed at their projects.

http://scharts.co/16dStif

- F6