think we;ll see weakness in gold stocks for next 2 weeks until Trump announces new Fed chair
John taylor is a favourite - and he's known for his Taylor rule which usues math calcs to set automatic rate rises - rather than have it as a judgement call
Market thinks Taylor gets in US will hike rates more - USD rises and so gold sells off
Gold stocks will wilt in the run up to that announcement
Yellen gets back in or some left fielder like neel kashkari and gold stocks will rise sharply
think we;ll see weakness in gold stocks for next 2 weeks until...
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Last
58.0¢ |
Change
-0.045(7.20%) |
Mkt cap ! $1.234B | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 57.5¢ | $7.897M | 13.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5191 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 61056 | 3 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |