the worst may be over

Great move from NCM and gold, the worst may just be over for NCM......unless......as their culture shows in the past
more bad news coming??

I like to believe that gold is finding strong support and "commonsense" from panicy traders dictating that what they did was overdone as FED would still support buying bond...TILL ECONOMY CONFIRM STYRENGTH....now calmer and more positive sentiment have returned.

No expert here predicting or seeing the future or analysing
GFC etc etc bu just looking at the price action make me believe the worst may just be over and time for ME to increase my long position by 30%, now comfortable enough to take bigger "BET"

Very possible big fortune can be made here....in time.

I am not worried about GOLD price as history in the past 100 years shows gold is always going up in $US term.

Brokers may be forced to alter their price target...LOL...
as they know as much as we do here at HC......all is a "BET
no more no less.
Some may try to push GOLD down one more time....would they succeed....???
The scenario where most gold producers getting bust as price fall and world production decreases as miners go the wall may not eventuate after all....what a pitty??
NCM would probably have survived in that situation.

Cheers,