NCM 0.00% $23.35 newcrest mining limited

golden eyes: newcrest looks at balancing its c, page-14

  1. 1,605 Posts.
    Hi NCM'ers

    I am looking to reenter:

    SP on a retrace;

    Negative announcement on higher mining cost and lower throughput now out;

    World markets starting third leg down;

    I was looking at Bloomberg this morning discussing the British Pound v Euro v USD; Jim Rogers was basically pointing out that ALL the currencies are stuffed. The USD and YEN (Japanese exports down 35% in December!) will eventually tank after this rally finishes.

    His finished by commenting that he had no idea where to put his money.....

    I recon Gold and Oil.

    Does anyone have some TA for an entry point?

    Cheers, Skip
 
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