Yesterday they declared that Australia has entered the biggest recession since the 1930s and the stock market went up close to 2%. Just imagine how high the stock market would be if we had a crisis every day.
They extended the free money for everyone (other than the public servants) until sometime next year. The FED has given the world a fair warning that they are going to use inflation in dealing with the debt. The PMs went down!
Fundamentals do not matter anymore. The free market is no longer. This will end (badly). Hang on to your PMs and PM stocks IMHO. The current volatility may be indicative of an upcoming explosion.
Disclosure: not holding SVL or SVLOB right now, but still interested in them.
SVL chart, page-932
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 (20min delay)
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $233.7M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.0¢ | $559.5K | 3.600M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 2920449 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 309236 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |