NCM
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0.00% $23.35 newcrest mining limited

NCM/GOLD -> is the time now?, page-21

  1. Rutz
    35 Posts.
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    03/12/15
    15:47
    Post #: 16539946
    Interesting divergence with GDX holding 5% above its lows while Gold is making new lows. The stock traders are not buying it. In the futures the hedge funds are net short and the commercials are net long for the 1st time since 2006. With gold currently in backwardation my money is on the commercials and the stock traders. Stay long
    NCM Price at posting: $11.47 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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