What caused inflation wasnt the green agenda IMO, It was the fact that we are not on a gold standard anymore.
Politicians, who rarely if ever pay the price for poor decisions have unlimited access to unfunded cash flow via the old printer go Brrrrrrrr stimmie mechanism.
The US, EU, AUS et al printed rediculous amounts of cash in the last few years with a devil may care nonchalance that will wreak havok for decades to come.
The freebee printed cash is out in circulation now and the smart money has already purchased assets before the value depreciated.
Gold will have its time in the sun again eventually!
my 2 cents worth (now only worth 1 cent)
SB
What caused inflation wasnt the green agenda IMO, It was the...
Add AAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.002(14.3%) |
Mkt cap ! $11.29M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $77.74K | 6.455M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3934045 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.2¢ |
Change
-0.002 ( 7.69 %) |
||||
| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 4501918 | ||
| Last updated 15.44pm 03/05/2024 ? | |||||
| AAU (ASX) Chart |