This is very tough to watch for sure. What is hard to comprehend is that prior to the NR people were happy to buy KXL in the 2.00-2.50ish range. With the NR, the Golden Mile is 600% bigger, gold in almost every hole thus showing we have a lot more gold proven now than prior to the NR. So how does it react, it plummets. Obviously there are more factors at play when you look at YRI which was under $10 this morning and ABX is creeping closer to its 52 week low. Watching CNBC today, one analyst was very down on commodities for the next 6-12 months and recommended selling them and buying financials and consumer stocks.

Where is the bottom who fricking knows, but I just got some more at $1.50 and am more than happy with that price.