Very favourably I would say. US equities are overvalued and due for a correction, so where do the funds then flow? In terms of safe havens, the US dollar is stuffed from money printing. It makes me laugh when I hear that bitcoin is safe haven or a hedge against inflation. Anything that falls 50% in a matter of days is pure speculation, nothing more. Funds need a home when equities correct, the US dollar loses value and cryptos prove their worth (or lack thereof). Precious metals are the go to and if anyone says "oh but this time's different", it's not.
Very favourably I would say. US equities are overvalued and due...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.144M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.519K | 629.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 18637775 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 10397702 | 9 |
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| Last trade - 15.56pm 28/06/2024 (20 minute delay) ? |
| ASR (ASX) Chart |