Unfortunately GF, gold bulls are forever bullish and they have total amnesia for bear markets, merely reading them as 'buying opportunities'.
Lets hope tis time its different, but not too much so - a total market collapse will hurt every investor.
The underlying reason to be bullish gold is the "de-dollarisation" movement by those countries that (understandably) resent IOUSA$ imperialism.
Sanctions and being locked out of the international banking system have had 'unintended consequences' for the IOUSA and its NATO quislings.
The BRICS countries representing more than 50% of the worlds population and all the worlds next economic superpowers are leading the charge.
FIAT currency has never been so unreliable in our life time .....
$40 cents club, page-165
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Last
41.0¢ |
Change
-0.010(2.38%) |
Mkt cap ! $2.789B | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 40.5¢ | $11.39M | 27.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 88526 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 1001030 | 9 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |