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Bouncingfiddle

725 Posts.

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16/06/21

01:14

Post #: 53862297
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Originally posted by GermanInvestor: ↑

Naturally any investor bullish for Regis must be bullish for gold also. There are plenty of reasons to be bullish, last but not least of which is the money printing that can be seen at almost any central bank globally. As long as money supply keeps increasing like it has been doing (i.e. look at https://tradingeconomics.com/united-states/money-supply-m2 ) there are plenty of reasons to expect rising asset prices, including those of gold. Factored in the inreasing dependency on debt especially of the national bugets there is another risk that plenty people aim to master by buying gold or silver buillon or other long-term assets. So yes, of course there is risk here. But also plenty upside potential.

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but the interest rate and money supply don't have correlation. where is it?
https://tradingeconomics.com/united-states/interest-rate
https://tradingeconomics.com/united-states/inflation-cpi
could argue it has in the last months but is it transitory? the supply shortages are rather price gouging? or is it real?

also how much of the US gov debt is owed to itself?

Last edited by Bouncingfiddle: 16/06/21

RRL Price at posting: $2.67 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last $2.13		Change 0.025(1.19%)		Mkt cap ! $1.608B

Open	High	Low	Value	Volume
$2.16	$2.16	$2.12	$4.238M	1.979M

Buyers (Bids)

No.	Vol.	Price($)
47	70576	$2.12

Sellers (Offers)

Price($)	Vol.	No.
$2.13	69625	60

View Market Depth

No.	Vol.	Price($)
52	87599	2.120
31	134105	2.110
28	97904	2.100
11	62138	2.090
11	309795	2.080

Price($)	Vol.	No.
2.130	56432	57
2.140	123613	34
2.150	158248	22
2.160	215037	24
2.170	120303	14

Last trade - 12.58pm 10/05/2024 (20 minute delay)


Last $2.13			Change 0.025 ( 1.77 %)
Open	High		Low	Volume
$2.16	$2.16		$2.12	340634
Last updated 13.12pm 10/05/2024 ?

RRL (ASX) Chart