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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: POG
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Good call on the $50 drop... but it bounced right off of there.

I think we will easily hit the 1650 mark and perhaps drift down to the 200DMA at around 1550.

Honetly, I believe that a proper stabilization will be very helpfull. With the Shanghai and CME margin hikes, holding futures becomes much more expensive (27% as per the last margin hike) which makes holders of the futures less of a spec nature and much more "serious".

Moreover, I believe that the trickle down we have all been talking about will take effect as well. Futures are now expensive. Large caps are looking more attractive and a less expensive option, mid-tiers are even cheaper and the juniors... well, they will eventually rise.

If we see gold stabilize for the medium term in the 1300-1700 range, there will be a multitude of marginal projects coming online with costs in the 900-1100/oz range and in sub-optimal jurisdictions.

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