Hi NCM'ers
I am looking to reenter:
SP on a retrace;
Negative announcement on higher mining cost and lower throughput now out;
World markets starting third leg down;
I was looking at Bloomberg this morning discussing the British Pound v Euro v USD; Jim Rogers was basically pointing out that ALL the currencies are stuffed. The USD and YEN (Japanese exports down 35% in December!) will eventually tank after this rally finishes.
His finished by commenting that he had no idea where to put his money.....
I recon Gold and Oil.
Does anyone have some TA for an entry point?
Cheers, Skip
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