GOLD gold futures
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Did anyone imagine gold shares getting smashed like they are at...

  1. siameseparrot
    24,765 Posts.
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    04/05/10
    15:15
    Post #: 6652733
    Did anyone imagine gold shares getting smashed like they are at US$1180 gold, with plenty of cases where gold companies are trading at a lower price than they were when gold was US$600 - US$700 on the way up to US$1000 the first time.

    Even one of our sector leaders like NCM traded at over $31.00 in October 2007 when the gold price was just around US$800 - only around AUD900.

    Gold is US$1180 today and around AUD1275, PLUS NCM is now unhedged!

    This is crazy stuff imo.

    Value at posting: $0.00
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