NCM newcrest mining limited
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excellent gold article

  1. goldmick
    524 Posts.
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    09/11/10
    06:50
    Post #: 7446518
    http://www.zerohedge.com/sites/default/files/Dundee%20Wealth%20On%20Gold.pdf

    A well written presentation explaining why gold is not even close to being in a bubble. Page 13 is the clincher - price of gold to cover US money supply via M2 would need to be $7000 an ounce.

    The much followed Jim Cramer on CNBC points out that as a % of worldwide investments gold investment is approx .6% -he won't even hear of bubble talk until this figure moves closer to 5%
    NCM Price at posting: $42.65 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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