It appear gold is strengthening still SC. It's knocking on the...

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13/04/20

19:08

Post #: 44019159
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Originally posted by Superchicken: ↑

C&P you can disagree if you like but i am right. GML will be one of the last to join the Gold mania if/when it happens (unless it gets some good strikes between now and then which will change the whole picture). Mum and Dad investors will not provide the impetus for the next gold run, as usual they come late to the party and push it into the mania phase (then pop). Agreed, at some point banks will probably restrict withdrawals, likely as the property market is crashing and the default rate goes ballistic. Gov cannot bail every one out which is part of the reason then need to keep the economy limping along if possible.

@pints we are both in agreement about gold being the place to be, for some time now.... still waiting for the big payoff though...

default contaigion is coming.... unemployment crisis coming... worldwide housingprice crash coming... the timing is the main question. Gold is probably going to get hammered down at least one (or two) more time before we are in the clear.

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It appear gold is strengthening still SC. It's knocking on the door of US$1700/oz right now !
I believe it will travel a lot higher as the world economies contract. The last resort for preservation of capital?

GML Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $11.03M

Open	High	Low	Value	Volume
2.6¢	2.7¢	2.6¢	$20.21K	760K

Buyers (Bids)

No.	Vol.	Price($)
3	351940	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	233580	2

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No.	Vol.	Price($)
3	351940	0.026
3	519614	0.025
3	1183333	0.024
2	1069565	0.023
1	24700	0.022

Price($)	Vol.	No.
0.027	233580	2
0.028	318520	2
0.031	559357	2
0.032	270633	2
0.033	250000	1

Last trade - 15.28pm 30/07/2025 (20 minute delay)

GML (ASX) Chart

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It appear gold is strengthening still SC. It's knocking on the...

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