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Australian Investment Blog

Morning Report 17/07/2015

Morning Report Friday 17 July 2015

The gold price and major related stocks have traded in an uncanny fashion lately, exactly as we have been forecasting. This happened at the end of 2014 enabling us to enjoy significant gains from both Regis Resources (RRL) and Newcrest Mining (NCM), hence our excitement as markets unfold again. – Remember we won a “steak at Rockpool” from a trader on Livewire by forecasting that NCM would outperform CBA from December 2014 until March 2015 - https://www.livewiremarkets.com/ . Generally gold stocks pay little or no dividend, hence when purchasing, timing is vital to potentially achieve capital gain.

• Ideally, we will see a spike lower in gold to fresh lows since 2010 that will reverse fairly quickly – see chart 1.


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