NCM newcrest mining limited

support for 21.50, page-101

  1. 1,819 Posts.
    lightbulb Created with Sketch. 49
    Agreed MTL

    But there is one concerning factors which is in golds favor and that is the relationship between interest rates and inflaton.

    The fact that interest rates are virtually 0% and the only way to control inflation is by increasing interest rates which the US will not do as it would lead to a series of devastating defaults.

    The US will not control inflation if it means jobs been created.

    Hence why gold will go upwards.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.