I think so too. Copper will pump with so many EVs being built. But gold could pump more, since it will become money again - thanks to the inevitable weakening of the petro-dollar.
One risk to the POG rising long term is the US war machine. Many gold buffs might think war is good for gold, but I don't think US initiated war intended to defend the USD reserve currency is good for gold long term. The US has a strong track record of starting wars since the 70s, so we shall see. Of course gold is a minor issue to humanity when the neocons activate their war machine.
Got off topic for this thread, sorry.
I think so too. Copper will pump with so many EVs being built....
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RSG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
70.5¢ |
Change
-0.005(0.70%) |
Mkt cap ! $1.500B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 69.0¢ | $9.005M | 12.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 151500 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 99995 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RSG (ASX) Chart |