I liked this chart in the article. It implies investors are betting on the POG going a lot lower based on where gold equity valuations currently sit relative to historic valuations.
Gold and macro environment, page-90
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Last
$1.30 |
Change
0.025(1.96%) |
Mkt cap ! $1.438B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.31 | $1.25 | $6.347M | 4.953M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13302 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 2000 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| SPR (ASX) Chart |