To my understanding the Gold ETF is a leasehold agreement...the demand going forward with what is being mined is in deficit to a currency printing policy....
Sideways I understand and a pull back short term I get....but I dont think people actually understand just how bad the reserves currency manipulators are in such deep shit....the more they print the more they need to pay for what they have printed....so as a hedge...if you have a demand for 10 apples and you only have 8 to sell...your price per apple goes up intrinsically...im happy to be corrected always....
Ann: December 2020 Quarterly Report, page-59
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Last
$4.52 |
Change
-0.060(1.31%) |
Mkt cap ! $8.991B | |||
| Open | High | Low | Value | Volume |
| $4.55 | $4.60 | $4.51 | $29.35M | 6.479M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31762 | $4.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.55 | 33155 | 3 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| EVN (ASX) Chart |