golden eyes: newcrest looks at balancing its c, page-26

selmax, cant see it dropping to 28, if it does then its probably one of the major shreholders selling down....production for the quarter was down but guidance for the year remains unchanged.....with all the short postions being loaded (in both gold futures and ncm) that a short squeeze on Tuesday is warranted unless of course gold falls back ( ...i note it (gold)punched to a new high on this leg breaking through 889 and also note that the dollar v euro is not 135.65 but 129.73 which indicates to me that people are moving out of FX to gold in growing numbers........ I smell a BBQ and a good way to make some short term profits...., imo its a no brainer. The falls this week were on relativly low volume so not concerned

The rating agencies are getting increasingly concerned about countries like uk and usa deficet spending thier way out of it (the crisis) and their future ability to repay,,,,,,uk has been crushed and the usa is about to embark on even bigger spending and for what, they will have better roads and bridges but they still have no products or indiustry producing things that people want, financial space is on life support, car industry is on life support and insurers are on watch, housing is broken and tech is not happening, so ability to repay is low.....currency comes under extreme pressure as asset values and opportunity fall, gold spikes, ncm soars....