Inflation in UK rose PMI out of USA down but expected when you strip out all sort of things
Governments have and will continue to pump more liquidity into the system imo,,,,prices are hardly crashing,,,I hope the governments panic with the pullback and announce another stimulus,,,we all know what happened to the POG last time...mmmm
NCM numbers a year ago
GOLD June QTR 08 961/oz and 4.06 Copper (SP 29.30)
Conclusion,,,,NCM is currently making more money on its gold sales at 1140/oz AUD and getting approx 3.41 for copper,,hardly a depression....
NCM Price at posting:
$28.80 Sentiment: Hold Disclosure: Held