Possibly off topic as I didn't know where else to ask, but hopefully the mods let it ride.
@paulgf, in one of your typically brilliant posts last week you touched on the Buffett indicator and inflation - after looking at which, has me slightly concerned for the overall state of the markets.
Would you (or anyone else) please be able to point me towards any current reading from trusted sources on this topic as being quite new to stock investing and (without a mentor), i'm finding it difficult to wade through the many slanted and biased opinions.
I don't have the benefit of years of experience to call on and tbh, I trust the opinions of certain posters here more than anyone else.I'm not screaming the sky is falling, I'm just trying to get some clarity on the true health of the markets.
After investing in GLN last March, I cringe to think that i should possibly reduce or even remove my exposure, especially with the SP gaining traction and groundworks really starting to ramp up. It sure feels like I'd be leaving a lot of money on the table (potentially unnecessarily), but my initial research suggests that a significant correction/crash is somewhat likely. I've read it's a case of not if, but when.
*Would anyone care to offer their opinion on this likelyhood and how a very prosperous GLN might be affected in such a scenario?
*Would such an event likely have as much impact on a red hot sector such as lithium or would our desirability help us in that regard?
Apologies for bringing the tone down, but I honestly didn't know where else to post this and get a trusted and balanced response.Any insights from experienced investors would be greatly appreciated and will not be construed as financial advice.
Thanks in advance.
Best of health to you all.
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GLN
galan lithium limited
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $125.3M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.0¢ | $180.9K | 1.370M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 298807 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 642363 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 298807 | 0.130 |
18 | 2972928 | 0.125 |
12 | 827592 | 0.120 |
9 | 1063433 | 0.115 |
12 | 1195491 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 642363 | 7 |
0.140 | 699783 | 13 |
0.145 | 414441 | 8 |
0.150 | 362772 | 8 |
0.155 | 68250 | 3 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
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HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
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