yes. Very surprised POG has not fallen a few percent. Gold stocks are down a lot. Unless POG goes down a lot gold stocks will recover. Stupid investors are selling everything. There will be bargains in gold stocks - going to buy more gold shares but not today as they may go down even more. Happy hunting days ahead. Now is NOT the time to sell gold shares instead buy them.
POG spot is up very slightly. Futures up more about 0.64%. Since last Thursday gold futures are almost unchanged but look at Bitcoin down from $66k to $54k or down about 17%. Bitcoin is showing how leveraged it is to tech stocks and the Nasdaq the latter being down a lot (over 10%) and futures down about 2.5%.
Very encouraged by almost no mover downward in POG. Maybe those who gave Bitcoin the shitcoin are onto something.
Gold and macro environment, page-99
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Last
$1.11 |
Change
-0.100(8.26%) |
Mkt cap ! $1.228B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.09 | $8.904M | 7.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 168874 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 30000 | 1 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |