Im assuming most on here would be familiar by now with the huge demand for physical gold.
If this demand for physical gold remains so high, there will come a point when traders / manipulators/speculators in paper gold no longer dare to operate on the sell or short side. At that point, the gold price should rise significantly.
Until then I.m.o Its this interest in the short side and selling on etfs thats making investors nervous.
Ann: March 2021 Quarterly Report Guidance Eridanus Orion update, page-82
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Last
$1.98 |
Change
0.030(1.54%) |
Mkt cap ! $2.286B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.02 | $1.96 | $6.338M | 3.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6800 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 32563 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |