Interesting that the change in commodity price still not fully reflecting as they should be in the producer share prices …. Indicating investors think the recent sharply upwards gold price movement may only be short term.
I think it is the start of a long term bull market in gold as we increasingly loose confidence in the value of money, the government leadership we have, inflation, war risk etc etc
None of these factors are likely to improve on my horizons .. in fact , I think they deteriorate with Trump victory, Ukraine on back foot, Israel have to do something decisive about Iran funding terrorism around the world, Western government mass printing of money and no fiscal discipline.
The ‘golds must be crazy’, page-197
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64.5¢ |
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Mkt cap ! $1.201B | |||
| Open | High | Low | Value | Volume |
| 69.5¢ | 69.8¢ | 64.0¢ | $4.335M | 6.505M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25931 | 64.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 22139 | 1 |
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| OBM (ASX) Chart |