Wow, wow wow!!! 50c is in sight.
Everything is moving now in the same direction, we don't need a full blown economic crisis for the POG and RED to move higher, the soft landing works too! For now it's crisis averted. The POG has resumed it's relentless long term march to above US$2400 and beyond, Dow hitting all time highs overnight, even bitcoin is enjoying some summer weather. In my view it all comes down to the whiff of lower interest rates. So the big question is, what happens over the next 6 months as rates actually start to fall and keep falling over the next 1-2 years?
Here on the ASX we're familar with investing in gold stocks, the way I see it we're the 'early money' and already set in RED. But looking at it not as an insider, gold producers have been shunned by the mainstream for a long time, the real, big 'early money', is getting set in gold stocks now (hearing some of the commentary out there), the general mainstream will follow into gold and gold stocks, POG is going to US$3000 and it's happening in the next 12 months.
Big RED is gonna shine!!!
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36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $2.448B |
Open | High | Low | Value | Volume |
37.0¢ | 37.8¢ | 36.0¢ | $9.825M | 26.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1862724 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 2312588 | 9 |
View Market Depth
No. | Vol. | Price($) |
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4 | 84542 | 0.360 |
17 | 576790 | 0.355 |
33 | 1675872 | 0.350 |
17 | 1054440 | 0.345 |
10 | 457066 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 255012 | 3 |
0.375 | 166314 | 2 |
0.380 | 368323 | 9 |
0.385 | 440469 | 4 |
0.390 | 334266 | 6 |
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