Hi Rabbitoh
A Gold price of US $1860 is definitely a possibility IMO.
It’s all Smoke & Mirrors. Markets / Commodity Prices are controlled by Governments / Large Corporations.
During Challenging / Tough Times your strategy should change from making money to maintaining wealth.
I feel we have 2 Options:
1. Buy and Sell Dips & Spikes in the Gold Price
which very difficult to get Right
2. Play the Long Game. My preferred option in this current economic / geopolitical environment.
I’m Tipping Gold to hit US $2,500 / 1 - 2yrs?
It may however by then be worth less than the recent high of AUD $2,800 as the US $ will have tanked for this to happen.
During the peak of the Global Financial Crisis 2007 / 2008 the AUD was worth US$1.10
I can see the US $ weakening even further in the next
1- 2 Years. Gold, not the US$, will now be the Worlds (China & Russia) preferred Safe Haven Option.
The Gold Sector will Consolidate with a large amount of Mergers and Takeovers taking place. Quality Gold Producers will be generating / have huge amounts of cash to spend.
NXM will be High on several companies wish list.
What price will NST pay?
If they want NXM / They get NXM.
I have $1.35 in my head for some reason?
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Last
7.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.67M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.2¢ | $55.62K | 752.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 86923 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.6¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 86923 | 0.074 |
1 | 20276 | 0.072 |
2 | 127571 | 0.071 |
1 | 20000 | 0.070 |
1 | 40000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 90000 | 1 |
0.080 | 70000 | 2 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
0.086 | 12000 | 1 |
Last trade - 15.59pm 24/06/2025 (20 minute delay) ? |
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