spot check team, page-51

course Im still short GHT, been suggesting it for a while
now.....

anyhoo,,,,,santa and the blind beleif that the market it totally protected from falls is taking hold, the huge speculation that has driven gold to record after record seems to be easing as the Fear of market collapse abates....

Market already trying to convince itself that a mega multi year bull run is already underway,,,,,where they take it and for how long i have no idea,,,,,,but I think the seriously overcrowded Gold trade , where economies and euro were to collapse and usd to tank under the pressure of hyperinflation have simply not eventuated, as such speculation in gold and PM's is easing out and going into equities....

I think given the serious break in AUD gold, massive uplift in AUD oil, NCM will need a SPECTAUCLAR production report this QTR just to fill the revenue fall from 1/10/2012 and to cushion the earnings fall....

And expect the gold equities speculation in Gold miners to start exiting resulting in a new 52 week low this calender year thanks to a HUGE register and new mountain of debt....

All that capital spent to ramp up production and as it is exoected to come online, the headline price of its sales is falling and failed to reach forecasts by a mile......is unfortunate but thats the market

Free up and protect capital imo