Interesting observation from one of the macro trends observed re gold and where its headed. Since 2014 when CBs stopped buying USTs and shifted to accumulating gold, look at the chart where GLD/TLT has increased 3x over last 10 years, it won't take another decade for that trend to go up multiples,
more like 3 to 5 years. Now how good is BGD timing to have production in play in that period?
Pays to have some big picture thinkers like we do. Also note the acceleration of the trend since Gold disconnected from interest rates in late 2022, a massive implication that EMs understand but has been missed by most in the west.
Perfect timing to maximise on the macro backdrop BGD!
Strategic thinkers and planning is what separates us from the rest of the herd.
Interesting observation from one of the macro trends observed re...
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Last
25.3¢ |
Change
-0.008(2.88%) |
Mkt cap ! $55.21M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 24.0¢ | $65.21K | 260.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2076 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 76554 | 4 |
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| Last trade - 15.53pm 04/10/2024 (20 minute delay) ? |
| BGD (ASX) Chart |