Last night the DOW lost most of the previous day's record Dusty Springfield rally ( AKA a dead cat bounce ) It almost certainly won't be the last why the only growth industries in the IOUSA are funeral services, ventilator and PPE manufacture ... a truly shocking outcome for Trumpastan.
The economic out look for the Aussie battler must be guarded as well. Prior to the crisis, the leading export earners where Iron ore, coal, gold, tourism and education .... every other contributer much lower. Of these, all but gold will contract this year, and its hard to see tourism and eduction rebounding for several years ... lets hope not. So, a casual glance at the chart below screams that forged "this time it is different".
The A$ POG, as with most currencies, other than the US$ is at an all time high, and likely to stay that way in the short to medium term IMHO.
So, cautious optimism is warranted for gold stocks especially those with RED's profile.
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Ann: Change in substantial holding, page-10
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Last
34.0¢ |
Change
0.015(4.62%) |
Mkt cap ! $2.312B |
Open | High | Low | Value | Volume |
34.0¢ | 34.5¢ | 33.0¢ | $5.261M | 15.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 436484 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 964447 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 435000 | 0.340 |
17 | 855499 | 0.335 |
14 | 653508 | 0.330 |
9 | 449545 | 0.325 |
8 | 290500 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 964447 | 6 |
0.350 | 944842 | 15 |
0.355 | 112817 | 5 |
0.360 | 668399 | 6 |
0.365 | 389682 | 12 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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VAU (ASX) Chart |