Gold is hot but there's another metal which is hotter, nickel.
Up 30% over the past two months nickel has delivered more than double the performance of gold which is up 13% over the same time, and the gap could get a lot wider as the supply of nickel stagnates and demand accelerates.
The driving force behind the recent awakening of gold is well-understood and can be summed up as a flight to safety as the China v U.S. trade war slows global growth and values of conventional, or fiat currencies, are debased by governments resorting to quantitative easing or other forms of creating money.
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- Ann: Gold Project Acquisition and Oversubscribed Placement
Ann: Gold Project Acquisition and Oversubscribed Placement, page-204
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1 | 143835 | 0.016 |
4 | 883333 | 0.015 |
1 | 66733 | 0.014 |
2 | 290000 | 0.012 |
2 | 350000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 448000 | 2 |
0.018 | 520507 | 2 |
0.019 | 177818 | 3 |
0.020 | 58442 | 2 |
0.021 | 907008 | 2 |
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