NCM newcrest mining limited

excellent gold article, page-8

  1. 643 Posts.
    Thanks for that, I was wondering about collecting gains from NCM, have done brilliantly (having come from LGL).

    Still a lot of upward pressure for Gold and Silver as yet, the global second economic shoe has yet to drop. Plus the Fed has a range of POMO (operations) through December which should which pumps more money into the system. And of course European troubles coming to a boil again, especially Ireland in dire straights.

    Problem is with the bullion manipulators. JPM & HSNC have a number of civil cases against them over losses from their alledged manipulation. Hoping that will curtail their operations, but doesn't seem to have, as yet. Their will be more cases bought, and the class action being arranged now will have some backin (precious metal owners tend to be dogged and out for justice).

    What really needs to happen is a action bought against the CFTC which has for a long while abetted the manipulation of metal markets instead of being the watchdog regulator. When you see that happen watch gold and silver take off.
 
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