NCM 0.00% $23.35 newcrest mining limited

the china put

  1. 524 Posts.
    http://www.prlog.org/11521794-gold-price-soars-as-china-is-preparing-for-massive-dollar-freefall-by-buying-gold.html

    I can picture gold in a $3k to $5k range sometime by early 2013. Accordingly the share price of NCM and other well managed gold miners longer term will rise in multiples... Short term with the markets jittery NCM may fall some more - short term who really knows. However accumulating on the dips without margin remains imho a complete no brainer.
 
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Currently unlisted public company.

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