Next Time
Risk assets had a bounce due to some stabilisation in the European financial systems via the promise of the ECB to print, and the various programs the US Fed has in place. There was a fair bit of front running in the markets before the final announcements were made, and since then the markets started to get wobbly again, especially after Obama was re-elected.
I have no illusions about where our goldies will head if the sharemarket keeps falling. There are a heap of headwinds why that may happen, including that earning by US companies have peaked.
loki
sprott outlook gold last night bloomberg, page-24
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Last
33.0¢ |
Change
0.030(10.0%) |
Mkt cap ! $31.34M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 33.0¢ | 31.5¢ | $4.181K | 12.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 62496 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 21428 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| AMX (ASX) Chart |