NCM 0.00% $23.35 newcrest mining limited

Ann: AZY: Newcrest to Operate Next Stage of Wilki Project Farm-in, page-32

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  1. 1,554 Posts.
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    When it happens it'll be something from left field. Most likely a market crash in Europe.
    I'm getting a lot of google news feeds suggesting that the markets are going to rally, they well might, but IMHO it's a bull trap.
    There is plenty of money on the sidelines, and the temptation is
    high. FOMO is hard to resist. I would say, just zoom out and take another look at the two charts below. Compare the gold chart to the S&P50, which one looks the most unsustainable?

    https://hotcopper.com.au/data/attachments/4466/4466067-26514f4bbe7d398d649c3facf43bd148.jpghttps://hotcopper.com.au/data/attachments/4466/4466074-6d1797c418eb4e37b9f68827c9fd819b.jpg
 
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