I posted an article by Adam Hamiliton, in the quoted post above, back on 12/12/16. In 20/20 hindsight one must admit that he was spot on with his thematic that predicted that a POG low was formed in December and the set up was looking bullish from then on. Well here is his latest article for those interested. IMHO, it will be well worth the effort to read and study.
http://www.zealllc.com/2017/gfutlkbl.htm
As I suggested back on 12/12, Hamiliton "is amongst the better analysts of the gold market". Worth following this guy IMHO. Basically, he is forecasting that the POG is in set up for continuing bullish price movements over the coming months. His opinion is based on analysis of the COT reports for gold futures and the action of bullion flows into and out of the GLD.
Anyway, if his analysis proves correct then NST holders can look forward to decent SP growth just from the POG movement. However, what underpins my confidence in this company are both the good strategic growth plan and the good management to achieve the plan. Company growth and associated accretive SP action will be accentuated/multiplied by any increase in POG.
Hmmm...... time will tell.
Cheers
- Forums
- ASX - By Stock
- COT Gold Charts
I posted an article by Adam Hamiliton, in the quoted post above,...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NST (ASX) to my watchlist
(20min delay)
|
|||||
Last
$16.13 |
Change
-0.460(2.77%) |
Mkt cap ! $18.16B |
Open | High | Low | Value | Volume |
$16.33 | $16.66 | $15.93 | $140.0M | 8.689M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19821 | $16.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.14 | 4100 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 45378 | 9.020 |
6 | 72217 | 9.010 |
4 | 47094 | 9.000 |
7 | 65586 | 8.990 |
8 | 105898 | 8.980 |
Price($) | Vol. | No. |
---|---|---|
9.040 | 46480 | 7 |
9.050 | 128028 | 11 |
9.060 | 115189 | 10 |
9.070 | 48533 | 4 |
9.080 | 64340 | 6 |
Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
NST (ASX) Chart |