Don't get me wrong peeps, I know NCM is basically a big boys plaything type of stock but I was bewildered today that the POG really started to move north and we just stagnated after a reasonable start and then reaching $25.08 at one point. CHN also roared north only to capitulate later in the day during a gold mining sell-off. Go figure. I hold about 12k NCM shares and remain reasonably confident that $27-28 p/sh is possible. Clearly depends however on how much the POG is manipulated by the Fed and other fiat currency printers. They are the enemy folks. All in my humble opinion.
Peace out
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- Gold heading north, NCM static. Go figure.
Gold heading north, NCM static. Go figure.
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