But with housing stuck in neutral and a European recession on the horizon, economists believe QE3 is all but certain.
and that is why the worst the news has become the more the US market has gone up.
I am not saying the market will keep going up now with no more volatility and everything will be rosy now, but this is why I did not sell my gold stocks with everything else last June.
It's also why I bought many more KGL under 11c a few months ago when many thought the market was sure to go lower.
Here is one from Marc Faber.
I have'nt had a chance to listen yet (14mins long) but its titled "Marc Faber: Relax, Stocks Will Not Collapse" so it may be worth a listen for those that are still sure markets will go lower (just for an alternative view).
http://goldsilver.com/video/marc-faber-relax-stocks-will-not-collapse/
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.72M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 10.0¢ | $1.653K | 16.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 68858 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 9331 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 68858 | 0.097 |
4 | 111833 | 0.096 |
3 | 144900 | 0.095 |
1 | 60000 | 0.094 |
1 | 100000 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 9331 | 1 |
0.105 | 19340 | 4 |
0.110 | 64706 | 2 |
0.115 | 13690 | 2 |
0.120 | 317648 | 2 |
Last trade - 14.36pm 01/08/2024 (20 minute delay) ? |
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KGL (ASX) Chart |