Yeah its not the only thing they run but gold has been in a bull market for over two decades so they are not doing too well in that respect. They have been far more successful at "tamping down" share prices of the miners through many different games and thats why its crucial to buy quality especially as we may be on the cusp of miner shares rallying significantly.
Here's a weekly on PRU with support on the horizontal black line which is essentially another retest of previous breaks.
It may get tested tomorrow, depending on what the casino operators have in store for us tonight.
A yearly on gold with the rally beginning in 2002. Its got a long way to go.
Ann: June Quarter Report, page-13
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Last
$2.59 |
Change
0.000(0.00%) |
Mkt cap ! $3.564B | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.64 | $2.54 | $16.81M | 6.482M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39651 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 51870 | 6 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| PRU (ASX) Chart |