NCM 0.00% $23.35 newcrest mining limited

I am quite amazed Chinese bought 130 tons in October at lowest...

  1. 941 Posts.
    I am quite amazed Chinese bought 130 tons in October at lowest best prices.

    I am amazed they kept buying all in 2013 100 tons/month average.

    Personal experience They bought 92% of GDO (Gold International). GDO Share Price is STABILISED from 0.55 cents to 0.17 cents. 8% remaining holders can do nothing with their share unless they sell out. GDO is of course doing WELL. No dividends NOTHING,

    I briefly heard Germans are after Gold price fixing so does USA.

    My due traders can do and profit however they can.
    However their long term guessing and estimations are as good as guessing World Peace and prosperity. Therefore only SPECULATION for the day trading.

    Please notice against all up and down claims POG is very stable sideways at the moment.

    Australian House Selling Season is just about over end of November.

    As our $A goes down (as expected from our government), SMSF have to be directed somewhere other than real estate. people would like to convert to GOLD.

    Now I start hearing Monetarily crush what is better than keeping GOLD in bad times.

    I am happy to accumulate gold assets for the reasons above.

    IMO

 
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