Morning all.
@SilverFox88
Here is another point that some are not looking at.
When the gold price movement confirms that we are in a bull market that is here for the longer term LIKE WE HAVE NOW,
which stock move first?
Answer = producers, yay.
Which of the producers move first?
Those with the lower margins? Yay.
Hang on, what?
If the gold price is at $2000 and the margin is say $300, the gold price moves up to $2400, how much is the margin now?
More than double.
Haven't we more than doubled margins with what has happened to the gold price in just the past month?
YES, yay.
Time for a rest and some digestion while the masses catch on and also while China now control the gold price.
Kind regards, Wack
Ann: Ceasing to be a substantial holder, page-67
- There are more pages in this discussion • 20 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 BGD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.0¢ |
Change
0.010(3.33%) |
Mkt cap ! $66.62M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 30.0¢ | $43.92K | 143.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75666 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 20099 | 2 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
|
|||||
|
Last
31.0¢ |
Change
0.010 ( 3.33 %) |
||||
| Open | High | Low | Volume | ||
| 31.0¢ | 31.0¢ | 30.3¢ | 34466 | ||
| Last updated 15.38pm 28/05/2024 ? | |||||
| BGD (ASX) Chart |