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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by rallardon Nov 11, 2013 11:17am
460 Views
Post# 21894067

RE:The Seniors donot need anymore uncertainty

RE:The Seniors donot need anymore uncertainty
The paper suppression  of the POG will only last so long before it is crushed by physical demand. You can't look at this market with "a degree of unbiassed common sense" because it is not a logical market or free market at the moment. It is being heavily manipulated and a delivery default in the LBMA or the COMEX will send it in the other direction like a rocket.



China is gobbling up world production at an amazing pace, just what do you think the Peoples Bank of China is going to do with all that gold?



As for PVG I think waiting for the bulk sample results is prudent but if the sp drops below $3 I'll think I will add some more and tell prudence where to go. This is gambling, we are talking about  a jr here and if you can't afford to loose keep your cash under your bed.

this is not investment advice just my opinion
Bullboard Posts