KGL 3.06% 9.5¢ kgl resources limited

sitting tight, page-11

  1. 803 Posts.
    Bunky - Welcome to the KGL forum. Yes, there's some posters on here who are very informative. As for KGL's buy sell volume ratio, take a look at some other goldies and you will also see a similar patern.

    The XGD- S&P ASX Gold index is up around 1.8% and has been up for the last 6 days out of 7. Although NCM has such a large weighting on it alone. Take a look at a NCM chart and then a look at an XGD chart and they're nearly identical.

    I think investors are now looking away from gold ETF's and into Gold producers and explorers with potential upside. I certainly would not like to be invested in a gold ETF other than very short term as I don't trust the issuer that there is the underlying gold metal behind them that they claim to be backed with.
 
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