If we are going to be right on our 15-month call from last year, $875 by the end of Q3 2014 we need the disarray to arrive pretty soon.
This may be why the first lesson in Junior Analyst class is: "If you're going to set a price target, for God's sake don't set a date".
Kitco spot $1306.70-1307.70.
From Kitco:
Mining Industry Feeling The Crunch As Mining Show Staples Suspended Indefinitely
As the gold mining industry continues to navigate through difficult waters, mining investors will have to do without a few key conferences as the Metals and Minerals Invest Conference circuit has been suspended indefinitely.*Junior Gold Miners Consider Cashing Out, Pursuing Medicinal Marijuana Opportunities
Both the San Francisco and New York conferences were suspended July 16 as Euromoney Institutional Investor Plc acquired Summit Professional Networks, the parent company which hosted the shows. Euromoney did however announce that they would keep the Mining Indaba conference in South Africa on the conference circuit. Mining Indaba is considered one of the largest mining investor conferences in the world.
A veteran of the conference circuit, Brent Cook, editor of Exploration Insights, was surprised to see both the New York and San Francisco shows suspended.
They’ve been around for awhile and were considered the best conferences out there,” he told Kitco News over a telephone interview. “I guess it does reflect on where the mining industry is at right now.”...MORE
