I have been doing some mathematics today as I am in that mindset. Hare is some Trivia for you. Did you know that from the low around 2002 at $280 per ounce to $1770 today the POG in $US terms has risen by an average annualised rate of 19.5% over the 10 year period when compounding the growth daily. With NST from the time I entered the stock on 24/11/2010 at 26.5cent to today's price the annualised growth rate to today's price of $1.27 has been an impressive 85% annualised rate of return. After Benanke has effectively kept the printing presses rolling indefinitely I have no doubt that gold will continue to compound at an annualisd rate of somewhere around 15% to 20% pa for many years to come. Just think of the growing margins for NST. These really are truely golden days for NST and Gold.
game on ?, page-9
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Last
$14.88 |
Change
0.280(1.92%) |
Mkt cap ! $17.15B | |||
| Open | High | Low | Value | Volume |
| $14.79 | $14.95 | $14.72 | $11.58M | 779.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1796 | $14.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.89 | 1816 | 10 |
View Market Depth
| Last trade - 11.35am 11/09/2024 (20 minute delay) ? |
| NST (ASX) Chart |