Gold scratches hard at the USD/oz 1800 mark. It will not be easy to overcome the 1800 I assume but when the breakthrough is made it will be quick and we will see 1900-2000 in a few weeks.
I assume and I suspect that "Quantitative easing", which already began in autumn 2019, is now becoming exponential. But since a debt problem cannot be solved with even more debt, the attempt will fail miserably. The world will sooner or later see an implosion of the stock market bubble. The next bubble after that will be the bond markets, as the central banks lose control over interest rates. Gold will soon rise to much higher levels as a result of the devaluation of all currencies.
I stick to my scenario: 2200-2500 in 2021 and then towards 3000 2022 (2023 the latest) and I also think that the gold price will not see a depreciation in the years to follow.
Almost the perfect scenario for a gold producer.
- Forums
- ASX - By Stock
- Ann: June Quarter Production
Gold scratches hard at the USD/oz 1800 mark. It will not be easy...
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMI (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $296.0M |
Open | High | Low | Value | Volume |
17.5¢ | 18.5¢ | 17.5¢ | $65.71K | 364.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 69952 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 606137 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 69952 | 0.180 |
13 | 669554 | 0.175 |
15 | 996981 | 0.170 |
14 | 711531 | 0.165 |
15 | 567895 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 606137 | 14 |
0.190 | 728630 | 12 |
0.195 | 414457 | 12 |
0.200 | 316923 | 10 |
0.205 | 249635 | 3 |
Last trade - 11.33am 09/10/2024 (20 minute delay) ? |
Featured News
AMI (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online