Markets are collapsing due to the Omni news. And Metals are obviously being hit very hard. Reasonable chance PMs will follow suit. They were sold off as the night unfolded and GDX ended in the red. Similar thing happened during 2020 covid crash (PM sold off to manage leverage calls). Aggressive fiscal / monetary created the gold bull in the second half of 2020, but with Biden spooked by inflation I have the sense policy options will be more restrained this time. Headed toward a hyperinflation outcome but much pain for goldbulls along the way. And Bml will obviously Be defiled and violated in the short to medium term
Markets are collapsing due to the Omni news. And Metals are...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $23.07M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $100.6K | 910.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 292999 | 3 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
0.005 ( 8.70 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.5¢ | 10.5¢ | 272933 | ||
| Last updated 15.41pm 17/05/2024 ? | |||||
| BML (ASX) Chart |