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0.00% $23.35 newcrest mining limited

SG change tunes again? I was wondering how long he can keep up...

  1. kray
    1,496 Posts.
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    11/02/14
    12:32
    Post #: 12919394
    SG change tunes again? I was wondering how long he can keep up his longs.

    The physical demand from Asia is slowly crushing the paper shorts. Asia pays for gold with 100% cash, while the paper shorts pay x% (say 10%) for their positions. Bit by bit Asia will show the paper shorts who has got the real money behind gold.
    NCM Price at posting: $11.38 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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