A week ago I suggested that " OGC, AQG and AGG could be better value than the Oz midcaps at this point".
Well that has definitely been the case. OZ midcaps correcting quite hard here, getting back to good value.
These three have kept the gold portfolio in order. Throw in PRU, also looks to be trying to get going. I bring this up because these companies are to a great extent $US stocks....I would not be surprised to see minimal fade in $US POG. Some are calling it back to $1250, I just can't see that happening.
Re NST chart......would be interested to hear if chartists see that as some kind of extended 'island reversal' in a more long term continuation pattern, or is that gap @ $9 going to get filled?
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