Australia's largest stock trading and investment forum Australia's #1 stock forum

AUC

Click for more information

1.12%

45.0¢ ausgold limited

Ann: AUC secures $3M Loan from institutional shareholders, page-101

First 101 Last

Share
Profile

Follow
BaltasarG

4,055 Posts.

1726

19/05/24

09:15

Post #: 73898040
Share

Originally posted by coto: ↑

Only a matter of time before the re rate begins. I Went to the jewellery store today, the very clever owner who has had a lot of experience in the industry said that he is advising all his clients to buy gold and silver now. Before it ‘explodes’ in his own words. As most of us are aware, he said traditional Precious Metal markets have been the inverse of share market performance. For instance, when the market decreased in the past, PMs performed and when markets were in bull periods, PM’s struggled. Basically he said that the fact both are performing well at records right now is very surprising to all in the industry and they expect a huge precious metals bull market to take place once the markets start to free fall, which could be any time. In my opinion, there will be an event, likely after the US election where the entire system will come crashing down, for tech and most industries, this is when the real gold and silver bull runs will take place. Wouldn’t be surprised to see $5000usd gold at some stage in the next 6-12 months.

Expand

Monetisation of the massive debt is the only way out. PMs and commodities go a lot higher.

The IGWT (in gold we trust) report is out and has some excellent insights.

AUC Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Trump is President Again: What Does This Mean for Crypto?

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

First 101 Last

Add AUC (ASX) to my watchlist

(20min delay)
Last 45.0¢		Change 0.005(1.12%)		Mkt cap ! $160.3M

Open	High	Low	Value	Volume
44.0¢	46.0¢	44.0¢	$127.7K	284.4K

Buyers (Bids)

No.	Vol.	Price($)
3	26510	45.0¢

Sellers (Offers)

Price($)	Vol.	No.
47.0¢	20000	2

View Market Depth

No.	Vol.	Price($)
2	11510	0.450
2	170000	0.440
2	25500	0.435
1	29000	0.430
2	31178	0.425

Price($)	Vol.	No.
0.470	20000	2
0.485	10212	2
0.490	21386	1
0.510	2590	1
0.520	5000	1

Last trade - 16.10pm 13/11/2024 (20 minute delay)

AUC (ASX) Chart