No, I do not think so.
They are holding the price of PM's down with the paper derivative, whilst accumulating physical.
I think cryptos are also used as a diversion from PM's whilst they accumulate.
The IMF / BIS made gold a tier one asset in 2018. Why?
The world is going to change a lot in the next couple of years. They cant keep the disaster from happening, only to try to attempt control.
I think silver is good initially, until ratio to gold goes to 30 - 40 to 1 with gold. At that point I would go all in on gold; physical and aussie miners.
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Ann: Major Drilling Program underway at Austin Gold Project, page-9
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $6.336M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $3.476K | 1.150M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 25740997 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 9346410 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 25740997 | 0.002 |
11 | 13800499 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 9346410 | 9 |
0.005 | 3507285 | 5 |
0.006 | 5609402 | 2 |
0.007 | 2700000 | 2 |
0.008 | 2573500 | 2 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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AYT (ASX) Chart |