Thanks xerxes for your well reasoned position. I agree with your take on gold,obviously as I have been a long term bull from days of Dome Resources,Hill 50. Delta croesus (I too was lucky!) but my dilemma is that the rises in commodities are too great and this could choke the economy or worse be a tipping point for a crash. As you know with the golds they pay little or no dividend so years of patience could be wiped out overnight. I too have my stops for LGL and NCM both well below where they are now but for some reason lately I am becoming skittish. I think the US will drop rates again but this will only add fat to the commodity fire.
- Forums
- ASX - By Stock
- NCM
- charlies tip
charlies tip, page-7
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)