Mate,There seem to be lots of reasons as to why NCM performs...

Mate,

There seem to be lots of reasons as to why NCM performs better then LGL but that has always been like that for a while and I have stopped wandering why as I am more interested to ride the wave up and down to me reasons are not important and sometime I like to stick to the biggest stock in the sector in this NCM is the one.
Hedging againts other stocks hmmmm in a case of massive sell down gold will be the one to go first and this time is no difference people, banks instos have to find cash for margin and have to sell gold quick.
This sell down looks like overdone without knowing the real problem as other ARAB countries could bail out Dubai without too much problems 80 bil for arab is not that much at all.
Inflation is still under control in 18 months would be a different story long term I am bullish on gold.

Cheers,