SimpleSimon, agree, however I don't think the Fed is anywhere near withdrawing QE & if they do I think the equity markets would crash. The US is limping along, albeit improving slightly. The Fed's hands are tied imo due to the inertia of government. Sovereign debt is still a major issue, more so in Japan than the US although the US is following down the same path. Sure gold doesn't pay a dividend etc, however it isn't being printed like its going out of fashion & 'consumption' is growing. China bought basically Australia's annual production in March & probably bought a lot more in April. I'm no gold bug & I really don't think it makes a lot of sense, however a hell of a lot of the world populous thinks it does & its the part of the world that's wealth is growing substantially. We are in the beginning of the Asian century & Asia loves gold. So short term we may still see money moving out of ETFs etc but that's a one off sell albeit a big one. Asian buying particularly out of China has only just begun.
- Forums
- ASX - By Stock
- MYG
- pog volatility
pog volatility , page-6
Featured News
Add MYG (ASX) to my watchlist
(20min delay)
|
|||||
Last
82.0¢ |
Change
0.055(7.19%) |
Mkt cap ! $75.00M |
Open | High | Low | Value | Volume |
76.0¢ | 82.0¢ | 75.5¢ | $36.14K | 45.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 0.820 |
1 | 621 | 0.805 |
1 | 1985 | 0.750 |
1 | 1300 | 0.730 |
2 | 3795 | 0.725 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 8000 | 1 |
0.885 | 14128 | 1 |
0.940 | 11112 | 2 |
1.100 | 2520 | 1 |
0.000 | 0 | 0 |
Last trade - 15.53pm 13/09/2024 (20 minute delay) ? |
Featured News
MYG (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online