What we do know.
1. Gold is an inflation hedge that we know.
2 In a recession the gold price falls.
3 In a recssion gold can be stagnant for many years.
4The two biggest rises in the gold prices is due to inflation 2011 and 2020.
5 A slowing economy from high inflation results in steep fall in the gold price.
6 The world is top heavy with debt, so unlikey another bailout like 2008 and therefore less inflation and a lower gold price.
7 In a recession high cost miners become less profitable as the gold price falls.
- Forums
- ASX - By Stock
- RMS
- Consevative price target 75 cents to $1.04 approx
Consevative price target 75 cents to $1.04 approx, page-24
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMS (ASX) to my watchlist
|
|||||
Last
$2.00 |
Change
-0.030(1.48%) |
Mkt cap ! $2.287B |
Open | High | Low | Value | Volume |
$2.02 | $2.04 | $2.00 | $5.551M | 2.758M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 64902 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.01 | 8625 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2244 | 2.160 |
1 | 10 | 2.100 |
1 | 3948 | 2.080 |
2 | 4769 | 2.040 |
2 | 275 | 2.020 |
Price($) | Vol. | No. |
---|---|---|
1.930 | 2512 | 3 |
1.950 | 3242 | 1 |
1.970 | 22700 | 2 |
1.980 | 29500 | 2 |
1.985 | 38400 | 1 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |