It appears that I jumped the gun, that my long term predictions are too long. My timing is out a bit but we are very close.
I tend to err on the side of caution in this market. There have been some very large financial institutions fail around the world. It seems governments learnt a lot from 2008 and they are stepping up fast.
The US debt has increase 400% since 2008 from 8 trillion to around 35 trillion, they are quickly running out of money time. The place to be now is in cash or government bonds in my opinion. I would rather be cautious not chasing 3% in the market when it could fall by 40% plus.
I am predicting 30 trillion wiped off world gold assets.
us markets. and world markets.
$30 price fair value with reasons, page-247
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Last
$65.18 |
Change
0.060(0.09%) |
Mkt cap ! $73.92B | |||
| Open | High | Low | Value | Volume |
| $65.58 | $65.78 | $64.94 | $90.24M | 1.382M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1176 | $65.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.19 | 2154 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WES (ASX) Chart |