and my final post on these issues
im a research fellow by trade so I like to get peoples opinions on here but also read widely
you say that the Fed manipulated the gold price and is now capping it
However, research into manipulation of the gold market indicates that when it does occur it largely occurs in the gold futures and in the London Bullion market.
Importantly manipulation is no where near as pervasive as some imagine, for example the IMF determined that 40-50% of the variability in gold price comes purely from the value of the US dollar (not that there’s not some manipulation there as well but that’s another story). So another explanation of the “capping”:
inflation/negative real interest rates is driving people into gold But the US$ is having a rally so this makes it more expensive for other countries to purchase gold as a commodity. Of course these things (inflation, interest rates, exchange rates) are very inter-related but the point is it’s a story that’s a lot more complex than the “Fed is manipulating price up and is capping now”.
- Forums
- ASX - By Stock
- EVN
- EVN chart
EVN chart, page-2408
-
- There are more pages in this discussion • 1,230 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 EVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.70 |
Change
0.130(2.84%) |
Mkt cap ! $9.349B |
Open | High | Low | Value | Volume |
$4.59 | $4.72 | $4.58 | $38.74M | 8.281M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5818 | $4.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.70 | 173022 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5818 | 4.670 |
7 | 67823 | 4.660 |
4 | 129484 | 4.650 |
4 | 67442 | 4.640 |
1 | 5818 | 4.630 |
Price($) | Vol. | No. |
---|---|---|
4.700 | 156522 | 4 |
4.710 | 122924 | 5 |
4.720 | 154702 | 8 |
4.730 | 143070 | 6 |
4.740 | 8818 | 2 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
EVN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online