will need some really juicy results to move the needle this time around. the mood is very negative now.
Only gold holds its ground while copper has fallen fair bit from its high and it's not moving as US, EU and few others are sliding into recession.
And oil prices are pressing even higher increasing the likelihood of a recession even further.
even if central banks can't cut rates the Govs will be forced to stimulate so gold price will be heading higher as real rates will stay negative.
Hence why MAG will now need real deal intercept. 0.6g/t AuEq will not cut it.
But one never knows. As I said the ground is promising and anything's possible.
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will need some really juicy results to move the needle this time...
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8.3¢ |
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2 | 62000 | 0.081 |
5 | 125022 | 0.080 |
1 | 10000 | 0.077 |
2 | 60000 | 0.075 |
Price($) | Vol. | No. |
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0.087 | 10000 | 1 |
0.099 | 88430 | 1 |
0.100 | 108763 | 3 |
0.105 | 10000 | 1 |
0.110 | 652360 | 10 |
Last trade - 15.49pm 27/05/2024 (20 minute delay) ? |
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Last
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Change
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Last updated 15.49pm 27/05/2024 ? |
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