NCM 0.00% $23.35 newcrest mining limited

Potential buy in this area...., page-16

  1. 3,360 Posts.
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    here is my game plan...


    1. watch TNX yield keep rising maybe 1.6% or higher (gold and NCM will keep dropping) . At some point stockmarket will violently react eg. 10-15% drop. This means gold and NCM will capitulate - NCM could even break covid low.

    2. At this point, FED will announce that they will start buying more bonds to reduce the yield. Now thus the point you go
    all in a load up on 2-3 month OTM call options.
 
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Currently unlisted public company.

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