NCM newcrest mining limited

margin explosion, page-22

  1. 13,192 Posts.
    lightbulb Created with Sketch. 2823
    Hi BBALL,,,pog seems to be gaining alittle strength,
    Was thinking the IMF would needs gold to go higher so it can borrow against its holdings in fiat to bail out its members which may support it much longer, plus market is focusing on 2nd August which should also support prices,,,,PM"s are being supported at this time and offer an alternative.........

    I dont own the physical either....

    Wont be long GHT for 4371 imo given the current environment hold or develops further, some of larger hedge funds who are short are going to have to cover soon, the old NCM share price lag hopefully will propell the SP to a new high.....

    mildly bullish



 
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