NCM newcrest mining limited

good read on why gold stocks about to rally, page-30

  1. 13,192 Posts.
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    oh its an insane market , and it will all soon end in tears.

    Nominal uplift in USA gives good guidance to Asia but very low volume which is clearly reflected by the stupid extreme moves in currencies and commodites.

    commodities up despite very very poor data out of USA again last night, I mean if the economy is not firing and results are way lower than expert numbers (again), obviously usa et all cant afford to pay $100 plus oil, but there you go in 30 mins over$1 increase, Silver the big industrial metal with no real industrial demand is again melting up again on thin volume and in the face of undesputed poor data......

    And FX, well check out the euro in last 30 mins 140.2 to 141.29, its just casino casino and a perfect pop to lighten the long side of my ledger..
    Rush In rush out, Casono Casino not a place to invest, OE is also lending itself to extreme moves....

    Selling the long side at xjo 4936, sitting on the shorts.....

 
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