Not sure about that thesis.
You think inflation has nothing to do with it worldwide? How about PPI in the US? How about oil making everything more costly worldwide in turn driving inflation worldwide? Or even real rates being hugely negative for a long time, and longer to come? The ace in the hand could be major countries joining China and banning crypto and then there is the China credit impulse turning up... Just maybe the gold price rise lately could be as a result of Basil3 coming into effect, but it may also be central banks trying to build their reserves ahead of an eventual reset and the need to back their currencies for it to have any actual value in the future.
Could it be all this combined sees gold hit prices we never thought would actually happen?
Yep, must be Russia...
Not sure about that thesis. You think inflation has nothing to...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.21M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $25.04K | 4.173M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 23592400 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3572513 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ASR (ASX) Chart |