NCM a good proxy for gold mining here and is tanking a bit
truth is ClevorT I think we have all gone fundamentalist now
the KGX is up over the last few weeks
Sinclair is counting down (what's that about - another "bank holiday" at the Fed?)
inverse head and shoulders and megalong cup and handle for the TA afficionados
then theres the concentrated commercial shorts on Comex looking to clean up but looking like they could get cleaned up
and then there's the Chinese worried about their USD cash
and then .....
its all a bit distracting isn't it
I don't think there's too much to worry about
my guess is that sometime soon most cash (as in all currencies - the USD will still be one of the better ones I reckon) will not be worth investing in and the world will look to keep its money (gold) in its vaults, start wondering about all that money out there in the ground out there in Oz either sitting around wrapped in JORC paper or being made into bars as they dig it up.
go fundamentalist - keep the faith!
- Forums
- ASX - By Stock
- GOLD
- can anyone else see
can anyone else see, page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review