I have been reading a hell of a lot of information about the USA economy right now and current status looks toward a recession next year. Jim Rickards has enforced this prediction (go read his blog) and has encouraged share holders to take a position in gold now as it will be a safe haven when stocks crash. Small goldies will flourish on a US recession as gold prices will rise substantially. Does anyone else hold similar views? I have bought up a good amount of goldies in the last month on these forecasts.
USA recission looming - gold price to rise
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Last
$2.59 |
Change
0.040(1.57%) |
Mkt cap ! $3.564B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.64 | $2.58 | $12.41M | 4.781M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3000 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.59 | 13236 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PRU (ASX) Chart |