NCM newcrest mining limited

good read on why gold stocks about to rally, page-22

  1. 13,192 Posts.
    lightbulb Created with Sketch. 2823
    Gm, could see a pop to 3880 today, renewed buying in last couple of days seems to be on the back of the goldman , morgan stanley press release, buy commodities,,,,, sent most things north last night......interesting how quick gm is changing its calls

    hI Leane,
    All I was saying was, as the usd increased iin value, then gold which has its price reflected in fiat currency ( usd)should fall in price...its that simple, usd has gone from 150 v euro to 141, that increase in value should be reflected in golds nominal fiat currency value.....
 
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