Yeah they want your shares with this latest takedown/profit taking/manipulation/rotation. Call it what you like.
Don't give it to them.
They are not getting mine.
Stimulus will not end ever now so money needs find a home continually as we head into a full on digital money world.
Gold as a hard asset and hedge against inflation is still a trade in this environment- but I'm watching the AUD closely.
Been a lot of talk on share forums about restrictions on gold and eventual banning.
Usually you will see early signalling where a pollie or elite will float it on a busy news day ( Bail-in laws was a good example).
- then slowly escalate the discussion to eventual action. So there will be plenty of warning signals.
However in this Covid environment where States are very anti the Federal Govt I can see a WA Labor Government virtually calling for seccession from the Commonwealth before decimating their mining and royalty base by destroying the gold mining industry.
Interesting times
RMS Chart, page-807
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Last
$2.27 |
Change
-0.030(1.30%) |
Mkt cap ! $2.606B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.29 | $2.22 | $7.884M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29957 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 319256 | 8 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |