Alan Kohlers team reckons gold should not be a dominate part of your portfolio.
Seems PoG is still in a long term decline.
They reckon we need to wait for inflation to rise before PoG willl rise, and that could be some time off.
Kohler reckons shares in USA and Aust are not expensive just at normal price earning ratio.
So we may have found a stock in KCN that will rise significantly if PoG rises, but that way not happens for quite a long time.
hands up if you're utilising the cr, page-26
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Last
$1.26 |
Change
-0.005(0.40%) |
Mkt cap ! $323.4M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.24 | $240.7K | 191.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1920 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 7667 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |