NCM 0.00% $23.35 newcrest mining limited

just can't seem to power up anymore!, page-22

  1. 13,123 Posts.
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    Hi Z, ncm has been trading pretty consistantly to gold, usd/aud etc, resently we have had the problem of a stella rise in aud and the drop off in gold,,,,that has hampered us (longs) a bit.....good news is that things are slowly moving back to equilibrium,,,,aud spike has stalled, gold is back from 860-880 and is climbing and more talk of inflation after many have only just noticed commodity price increases etc.....$33 wont be too far away provided pog rises faster than AUD,,,plus if there is even a real hint that GOLD is going to attempt $1000 again soon, NCM will pop past 33 imo....

    let see what happens with retail sales and import and export prices in the usa...
 
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