Since gold topped out approaching the $2,000 level in 2011, each time Goldcorp rallied it was followed by lower lows within its current established intermediate bear market. Has anyone noticed lately that most of all the senior gold CEO's have been attempting to talk their share prices higher? The only event that turns this stock around along with the other seniors, more than likely, is when gold has put in a bottom and that has not yet been confirmed. The probabilities still point to lower lows on the shares and for gold. One thing the CEO's don't speak of and that is the possibility of the metal breaking under $1,000.

I want the precious metals to go higher as I have quite a few ounces of gold and silver from 2003 and later years BUT now is not their time. What MIGHT happen to the downside could totally shock the outspoken CEO's and close some some of their operations thus effecting, to some degree, the dividend payers.