You lost me when you said tariffs is a drop in the ocean. Might be worth taking an international trade class to understand what tariffs do to the world economy.
"The gold bull run will take off" is just speculation. I don't necessarily disagree with you, I just think that what happens to gold is completely dependent on the trade war. Look at when the yields started dropping, it wasn't until Trump started mouthing off to China.
If the trade war escalates the gold will go to $2000. If it deescalates in my opinion it'll drop hard. I also don't believe a recession is around a corner, and if it is then it certainly wouldn't be the greatest depression the world has seen. That's my opinion and speculation anyway.
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Last
$3.92 |
Change
-0.015(0.38%) |
Mkt cap ! $7.864B | |||
| Open | High | Low | Value | Volume |
| $3.99 | $3.99 | $3.91 | $8.540M | 2.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 42437 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 71780 | 46 |
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| Last trade - 12.40pm 29/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |