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1.33%

37.0¢ vault minerals limited

BIG RED! Very true.

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Goldfarm

4,663 Posts.

293

11/06/24

09:33

Post #: 74252727
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Originally posted by MIStragic: ↑

Well that "moon shooting" has been put on hold - the extraordinary 3.5% drop in the US$ POG, and the sharp sell off in the GDX and GDXJ may sober a few ... especially if the trend continues next week and beyond.
Yes, the selloff was less in the A$POG because of the drop in A$, secondary to a big selloff of major resource stocks.
The continued decline in oil prices may help ease AISC, but for the time being thats as good as it gets.
As for those predicting the "inevitable disappearance of fiat currencies" - we'll all be long dead before the major fiat currencies expire.
It remains to be seen if Big RED can hold while all around are falling .... it never pays to get too far ahead of oneself, nor too cocky (self included).

It's uncanny how these chart patterns reveal market intentions .... the descending triangle in the A$POG has been forming since the massive reversal of the uptrend in April ..... big traders act on "over bought" regularly and the euphoria in the gold space was a bubble asking to be pricked.
Next week we'lll see SLR disappear and Big RED begin trading, and some index rebalances are due at the end of the week .... ?

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BIG RED! Very true.

RED Price at posting: 44.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 37.0¢		Change -0.005(1.33%)		Mkt cap ! $2.516B

Open	High	Low	Value	Volume
37.0¢	37.5¢	36.0¢	$8.665M	23.58M

Buyers (Bids)

No.	Vol.	Price($)
2	418273	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	611282	24

View Market Depth

No.	Vol.	Price($)
1	204000	0.370
3	796178	0.365
23	1101542	0.360
9	770255	0.355
17	1178500	0.350

Price($)	Vol.	No.
0.375	489438	18
0.380	927711	22
0.385	882461	12
0.390	263239	7
0.395	503014	8

Last trade - 16.10pm 18/10/2024 (20 minute delay)

VAU (ASX) Chart