NST northern star resources ltd

Can't see NST holding its share price, page-170

  1. 1,058 Posts.
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    Esh, do you think gold is going higher or lower? If lower than where will it bottom in your opinion?

    Interest rates around a world are at zero or close to it and massive money printing in theory should be highly supportive for gold right?

    I am also concerned about my cash in the bank. Businesses are shutting down around the world or are badly effected. Sooner or later they will start defaulting on loans. Also asset prices are deflating. I am thinking unemployment will go up significantly.

    My stupid mind tells me that we will have short deflation followed by inflation or even hyper inflation given all the money printing that started and looks like its going to the moon.

    If this is the case and coronavirus doesn't kill the miners they should be generating large amounts of cash in the future which would make them undervalued (Obviously not all miners)

    Without writing an essay just answer couple of questions in your opinion:

    1. Do you think gold is going up in the next 2 years? If not where do people park their cash that is coming from asset sales right now?
    2. If gold is going up why are the miners such a bad investment? Some are generating a lot of cash even with their current low gold price hedges.

    This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research.


 
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Last
$16.25
Change
-0.370(2.23%)
Mkt cap ! $23.21B
Open High Low Value Volume
$16.47 $16.56 $16.13 $130.6M 7.998M

Buyers (Bids)

No. Vol. Price($)
2 3097 $16.25
 

Sellers (Offers)

Price($) Vol. No.
$16.26 1412 2
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Last trade - 16.15pm 11/07/2025 (20 minute delay) ?
NST (ASX) Chart
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