I have been reading a hell of a lot of information about the USA economy right now and current status looks toward a recession next year. Jim Rickards has enforced this prediction (go read his blog) and has encouraged share holders to take a position in gold now as it will be a safe haven when stocks crash. Small goldies will flourish on a US recession as gold prices will rise substantially. Does anyone else hold similar views? I have bought up a good amount of goldies in the last month on these forecasts.
USA recission looming - gold price to rise
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Last
$2.22 |
Change
-0.010(0.45%) |
Mkt cap ! $3.049B | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.25 | $2.20 | $6.067M | 2.723M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13573 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.23 | 8655 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.22 |
Change
-0.010 ( 0.35 %) |
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| Open | High | Low | Volume | ||
| $2.24 | $2.25 | $2.21 | 973013 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PRU (ASX) Chart |