NCM newcrest mining limited

currency usd v euro is where it was when gold was far below,...

  1. 13,192 Posts.
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    currency usd v euro is where it was when gold was far below, fear premium for usd sure but this much is absurd to me, margin increases are to reduce the wild speculative money,,never ever seen such volume on the spot market of late or overnight..

    China has stepped in with more measures to curb speculation announcing banks have to increase capital by 50bp,,,and by next week,,,property market up nearly another 10pc in a month following on from roughtly the same increase the month before.......

    fall is justified given the POG in AUD ....

    Bought alot of put yesterday as it opened on a historical high and failed to move....entire market seems totally overbought,,,

    see what the night brings
 
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