I don't have the answer to that but US KPI rate is out tonight and expected to be up moderately. But that will take prices to a 40 year high. If it is up higher than the forecast 7.2% then the FED may be forced to act earlier than already priced in. Who knows what causes people to do irrational things but a shortsighted investor may have been spooked into releasing some cash with this looming. In reality, a higher KPI should push the gold price higher.
I just wish that I wasn't so set with my portfolio right now as these DEG prices are mouthwatering. But I am in this for the long haul and there is just too much gold for this thing to do anything but explode!
De Grey has become such a gold monster that I won't be the first, or last, investor to be completely unaware of our 100% owned and quite decent-looking high-grade Lithium-Tantalum-Caesium prospect in the Pilbara.
I don't have the answer to that but US KPI rate is out tonight...
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Last
$1.18 |
Change
-0.010(0.84%) |
Mkt cap ! $2.828B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.18 | $7.303M | 6.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 263586 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 20000 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |