Time to Buy?
Some investors say the price decline offers a buying opportunity for some metals.
HSBC Holdings Plc estimated last month about $100 billion will be invested in commodity indexes by the end of 2006, compared with $10 billion at the end of 2003.
``This is not the end of the commodities rally,'' said Michael Widmer, an analyst at Macquarie Bank Ltd. in London. ``The fundamentals for most commodities, such as gold, are strong.''
Moore of Dunvegan, who sold some shares of the StreetTracks Gold Trust exchange-traded fund as the metal was rising to a 26- year high, said he's considering buying metals.
``We're more interested in gold and metals generally,'' Moore said. ``There's still a bull run in gold, and the money will be back.''
- Forums
- ASX - By Stock
- SBM
- time to buy.
time to buy.
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBM (ASX) to my watchlist
|
|||||
Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $171.7M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 21.0¢ | $15.90K | 73.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 174340 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 285058 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 174855 | 0.210 |
18 | 851302 | 0.205 |
34 | 1079708 | 0.200 |
26 | 907558 | 0.195 |
29 | 508054 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 263437 | 18 |
0.220 | 280163 | 8 |
0.225 | 217188 | 12 |
0.230 | 586075 | 13 |
0.235 | 385000 | 4 |
Last trade - 10.27am 29/07/2024 (20 minute delay) ? |
Featured News
SBM (ASX) Chart |