Just in time for the tail wind breakout too.
You can print money but not commodities... gold is now nudging $2170!
Juniors who have survived this long in the wilderness might just be rewarded in the next era.What's next for gold
This gold breakout, which has been long coming, is just the start for gold and gold miners, Soloway noted.
"This is huge for gold. We've been hovering right up against this level since the 2020 COVID run... Gold has stayed so close to its all-time highs because there is demand. There's massive demand from governments stockpiling. It has to do with the debasement of currencies. These central banks know that they will have to, at some point, turn the printing presses on. How do you backstop your own? You have to buy that gold," he said.
Poet
#IoCG
Just in time for the tail wind breakout too. You can print money...
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Mkt cap ! $5.633M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $7.292K | 1.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3340445 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 166378 | 1 |
View Market Depth
| Last trade - 13.19pm 13/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.7¢ | 58434 | ||
| Last updated 13.19pm 13/05/2024 ? | |||||
| ICG (ASX) Chart |