Textbook trade setup on NCM charts., page-8

NCM is my second largest holding, SBM my largest holding by far. SAR and NST to a lesser extent.

I hold a substantial position in Newcrest because it is the largest Australian gold miner and 8th largest in the world. I am bullish Aussie gold miners so my thinking in establishing this position in the latter part of last year and earlier this year is that being the largest, when the market wakes up that these gold mining companies are making good money, the big money will flow into the largest of them.

Today has been a massive day though I truly believe these companies are cheap to what they will be in 12 months.