NCM newcrest mining limited
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  1. jvegas
    997 Posts.
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    06/09/11
    13:35
    Post #: 8922263
    My on,y fundamental concern with goldies is this...

    With prices this High, it seems opportune for some sovereign debt default prone countries to start offloading ther only valuable assets.

    Anyone holding gold in 1999 when the Bank of England sold off a massive chunk of it's reserve knows what happens next.

    Very tempting for Italy, Greece, UK to start an offload I reckon to save votes.
    NCM Price at posting: $39.62 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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