I agree HGO, however as we know nothing is certain......It's all about reducing risks and then making a move.
My two cents:
-If you look at the fundamentals of a lot of these gold companies (forget that they even produce gold) they are a bit of a cash cow now and this should continue into the future. They are cheaper than when the gold price was around $1300 USD before the pandemic.
-People are looking to put their money anywhere 'safe' as they are worried about inflati0n eating into their savings. Land is going up, in most places for that reason.
-Unemployment did go up during the pandemic, but 95% of people kept their jobs and are sitting on a lot of savings
-People have not been able to travel, go to restaurants etc in lots of places so as covid winds down there is going to be a flurry of activity.
-Any stocks that are not peaked out (FMG/RIO/Tesla etc are peaked out in price) and pay a good divi like: RRL/IFL/ORG/BPT etc, will have good returns.
-In about a year when the party is over we will see people realize that the economy is still f*^%ed the shit might hit the fan again.
I've been buying stocks that are closer to their 1 year low then high and pay a good divi, ideally PE under 20, under 10 if I can find it.
That's the way I'm playing it anyway.............
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Last
$4.16 |
Change
-0.050(1.19%) |
Mkt cap ! $3.163B |
Open | High | Low | Value | Volume |
$4.19 | $4.23 | $4.12 | $2.809M | 670.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 12744 | $4.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.17 | 5176 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 13826 | 4.170 |
19 | 40446 | 4.160 |
14 | 57012 | 4.150 |
11 | 129578 | 4.140 |
7 | 9466 | 4.130 |
Price($) | Vol. | No. |
---|---|---|
4.180 | 9893 | 14 |
4.190 | 20143 | 21 |
4.200 | 47193 | 20 |
4.210 | 68839 | 14 |
4.220 | 19278 | 11 |
Last trade - 11.11am 28/07/2025 (20 minute delay) ? |
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