NCM 0.00% $23.35 newcrest mining limited

half yearly accounts eps crashed 50plus pc yoy, page-45

  1. mtl
    655 Posts.
    i am in some doubt that the buying or selling of gold items by chinese interests are significant enough to affect the the market prices in any appreciable way

    the hype regarding this is overblown

    the real significant trading in gold items that do affect prices in a significant way remain european and american based

    i.e. european and american institutions/funds/etc are the ones who move (and have been moving) the markets at this point in time (and the last decade since the low of 2000/1)
 
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