NST northern star resources ltd

Best looking weekly chart, page-1481

  1. 6,894 Posts.
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    You guys need to read what you are writing. Sorry to rain on the parade but ever noticed that 80%-90% of the talk on the NST boards is about Gold. That tells me that most here think they will profit from a gold miners accretion when the gold price increases in $$ value. This assumption is wrong even though occasionally when certain factors align it can be right but never to the "To the moon" extent that many here are hoping for. Certainly a little grain of truth to a lie makes it a lot more believable. First and foremost one should realise that NST and Gold miners are businesses. It is an investment. When the majority realises this is when the majority become less subject to the whims of the manipulators. Make the mistake of believing you can profit from Gold miners as a proxy to gold and the rug will get pulled from under you again and again and again. I've got 20+ years personal experience as ex-Barclays commodities desk operator to prove this.

    Gold bullion on the other hand is not an investment. It is insurance. It is the best form of insurance there is that Central Banks like to own them as collateral for their stupidity. If and when a country descends into chaos physical gold (unencumbered and preferably safely in its vaults) is the only asset in the countries ledger that is liquid and have immediate demand to get it out of trouble. They want this collateral/insurance exclusively for themselves and so badly that they discourage the rest of the populace by any means necessary from owning it. One should own gold like how CB's own gold, for insurance purposes. Most of the time you are not meant to make money from insurance but when sh1t hits the fan they provide a hefty return.

    The best solution is usually the simple one. Do not bet on another mans game (Corporate manipulator and Central banks; they are hand in hand but that is a story for another day). Instead understand what is happening and play your own game. Owning both gold and good gold miners can be very rewarding if you treat them for what they are. Treating NST and other gold miners as a Gold ETF is very harmful to the company LT and is the root of the lack of good LT investor problems many gold miners face. One should own gold bullion if it is what you want to profit from and own it long term. Intergenerational if possible. Good gold miners you own for for a decade to make the best of the investment in the business.

    Simple, If anything it certainly beats banging your chest constantly because of the injustice of it all and getting the rug pulled from under you time and time again.
 
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(20min delay)
Last
$16.52
Change
0.180(1.10%)
Mkt cap ! $23.57B
Open High Low Value Volume
$16.47 $16.63 $16.36 $54.58M 3.066M

Buyers (Bids)

No. Vol. Price($)
15 2627 $16.52
 

Sellers (Offers)

Price($) Vol. No.
$16.53 3619 21
View Market Depth
Last trade - 14.24pm 18/07/2025 (20 minute delay) ?
NST (ASX) Chart
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