Tidesley,, Last night The Fed meeting announced they are reducing stimulus by $10 billion per month, as US economy is said to be improving, so POG dropped.
However unemployment did not change, but home builders in the US are doing well. So that a good indicator.
http://www.usatoday.com/story/money/markets/2014/03/19/stocks-wednesday/6596139/
It seems for POG to rise rapidly it needs the US economy to deterorate and stimulus to increase. Not sure if thats going to happen, but it could.
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Last
$2.81 |
Change
-0.090(3.10%) |
Mkt cap ! $721.7M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Last trade - 14.49pm 12/08/2025 (20 minute delay) ? |
| KCN (ASX) Chart |