I can only assume that you are aware that if this becomes a crash (unlikely ) or a major correction that all stocks will be affected yeah !?
Having shares in a gold stock does not protecting you from a crash or correction . This is not a hedge , Physical gold is a hedge !
Sure , gold will be amongst the first sector to recover but if the market were to crash there will be a whole lot of pain Especially down this Spec end of the market .
Just to give you an idea , The markets over all have not had a 5% correction over a month for over 11 months . This has only happened once before in the history of the stock market . A crash by the way will only be deemed as such if the over all markets fall by over 20% if that happens you know the big bad bears have won the fight over the bulls .
I am probably telling you what you already know as you appear well versed on how the markets work .
I hope you do not find me as being rude !
- Forums
- ASX - By Stock
- WWI
- Ann: West Wits Reviews Exploration Prospects for Uranium
Ann: West Wits Reviews Exploration Prospects for Uranium, page-177
-
-
- There are more pages in this discussion • 152 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 WWI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $40.68M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $169.9K | 10.21M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 999999 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 253524 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 999999 | 0.016 |
8 | 2310522 | 0.015 |
13 | 5573902 | 0.014 |
6 | 2043819 | 0.013 |
4 | 1537223 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 253524 | 1 |
0.018 | 3238990 | 8 |
0.019 | 630000 | 1 |
0.020 | 110000 | 1 |
0.021 | 1500000 | 1 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
WWI (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online