I'm not interested in what the ASX 200 with its retailers etc does when I invest in a gold company.
In fact, I expect conditions to not exactly be favourable for the average ASX 200 company when gold companies come into their own.
The age old argument that the ASX 200 needs to be rising in order for gold producers' share prices to solidly rise is basically a paper bug argument telling us NOT to invest in gold equities, because gold producers will often make substantial profits during prolonged periods of ASX 200 weakness. lol
I'm invested in gold producers because the outlook for gold remains bullish and the outlook for gold miners' like NCM increasing their profits and dividend payments is very bullish.
NCM Price at posting:
$39.83 Sentiment: Hold Disclosure: Held