When markets start crashing, central banks will do more QE to flood the markets. That’s why Dow is back at close to record high despite the worst global recession ever.
You don’t want to bet against the central banks. What they do is depreciate your purchasing power. That’s why I think DEG (not just DEG but goldies in general) will fare pretty well whatever happens.
IMO only
What happens with DEG in a market crash?, page-2
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Last
$1.20 |
Change
0.043(3.68%) |
Mkt cap ! $2.864B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.21 | $1.19 | $5.991M | 5.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 163508 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 145760 | 18 |
View Market Depth
| Last trade - 14.14pm 12/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |