Listen to this - Gold Price Macroeconomic outlook
https://youtu.be/O8JFFK71PCc?t=149
There is a negative correlation between gold price and rates/bond yields. Currently what affects gold price is raising rates. But Feds/other central banks cannot afford for rates to stay high because of their high debts and the interest they need to pay. So will eventually step in sooner or later to supress the rates if it keeps going up.
Inflation + suppressed low rates = negative real yields - This will be extremely bullish for gold/commodities. Just waiting for it to happen. Long term I think gold price will be strong and just in time for AZY to get ready.
Remaining results, page-95
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AZY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $51.81M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $32.68K | 2.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 18097675 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1184253 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| AZY (ASX) Chart |