The news outlet has two more analysts sounding even more bullish on gold. Eric Strand, manager of the AuAg ESG Gold Mining ETF, predicts that 2023 will see an all-time high and the start of a “new secular bull market,” based on the fact that central banks are adding more gold to their reserves, even setting a record in Q3 2022.Juerg Kiener, managing director and chief investment officer at Swiss Asia Capital, noticed last month that the current market conditions mirror those of 2001 and 2008.“In 2001, the market didn’t just move 20 or 30%, it moved a lot, the same in 2008 when we had actually a smaller sell-off in the market and the stimulus coming back in, and gold went from $600 to $1,800 in no time, so I think we have a very good chance that we see a major move,” Kiener told CNBC’s “Street Signs Asia” in late December.“It is not going to be just 10 or 20%, I think I’m looking at a move which will really make new highs.” QUOTE
Future for ALK looking brighter this year IMO.
https://aheadoftheherd.com/bullish-outlook-for-metals-in-2023-richard-mills/
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Ann: Significant Gold Intercepts Outside Resource at Tomingley, page-113
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Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $284.3M |
Open | High | Low | Value | Volume |
48.5¢ | 49.5¢ | 46.8¢ | $521.4K | 1.094M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4298 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 15475 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4298 | 0.470 |
5 | 16257 | 0.465 |
4 | 70984 | 0.460 |
1 | 1500 | 0.455 |
8 | 48600 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 15475 | 2 |
0.485 | 681 | 1 |
0.495 | 5577 | 3 |
0.500 | 51500 | 2 |
0.515 | 51070 | 3 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
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ALK (ASX) Chart |