Despite malfeasance by the IOUSA financial system foisting the GFC on the world in 2008, after a brief period of FED created lower USD, the USD has appreciated against all currencies - stated another way, all major currencies have depreciated against the USD, including the Euro, the GBP, the Yen and the A$ .... which means despite record levels of personal debt, and at every level of IOUSA government, the US$ purchasing power remains very strong, be it in the form of tourists or acquisition of foreign assets. This fiat currency is backed by nothing more than the "good will and reputation of the IOUSA government" .... and as the BRICS manifesto and its leading acolytes show, this is in serious decline.
The old mantra "don't fight the FED" is now being seriously challenged - this will be a long war, with many extremes - so don't be extreme, but endeavour to maintain rational analysis, which means sometimes short term trading will contradict long term aims and objectives.
When "the facts change" ... "change your mind". RED's facts have changed ....
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Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $2.380B |
Open | High | Low | Value | Volume |
35.5¢ | 36.0¢ | 34.8¢ | $7.381M | 20.99M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 500592 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 479161 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 500592 | 0.350 |
19 | 996212 | 0.345 |
34 | 2718150 | 0.340 |
36 | 1567563 | 0.335 |
40 | 2815482 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 479161 | 12 |
0.360 | 1177696 | 20 |
0.365 | 1278164 | 17 |
0.370 | 990457 | 11 |
0.375 | 829372 | 13 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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RED (ASX) Chart |