excellent gold article, page-7

well that willlearn me to go to the beach, appart from USD weekly claims coming in better than expected all the data out has been really bad,,,,trading on a fundamental basis certainly is not working at present and it looks like such info has been shrugged off by the market,,,,how long can this continue?,,even a strengthening dollar cant stop the oil market,,,,,,

Industrial production in China down more than expected
Imports of Copper and other commodities sharply down
Retail sales lower than forecast
Inflation way above band
Unemployment in Aus rises sharply a suprise to all forecasts as stimulus gets wound back or postponed

amazing,,certainly a wild ride...,,,,,,,

Found this newswire,,,Mr Aitken and Southern Cross are obviously very long,,fyi

DJ MARKET TALK: Newcrest Should Consider Dual Listing -Southern Cross

0035 GMT [Dow Jones] Newcrest (NCM.AU) Buy recommendation, A$55.00 target reiterated by Southern Cross. Broker says its forecast 65% rise in EPS from FY10 to FY13 "could easily prove light on as we are using very conservative average gold prices of $1270/oz
and average copper prices of $3.65/lb." Based on that forecast, broker says Newcrest price target could rise to A$65.25, based on current PE multiple of 25x. Adds that
Newcrest deserves significant price to NPV premium to global peers because of its strong reserves, high margins and strong growth profile, which make it a "genuine corporate target." Argues that Newcrest "should embark on dual-listing in Toronto which would see the stock become a major weighting in the Toronto Gold Index", triggering
"instant re-rating of NCM shares". NCM up 0.4% at A$42.44.
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(END) Dow Jones Newswires
November 10, 2010 19:35 ET (00:35 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc.

Thursday 11 November 2010 11:35:00.000 AEST