There won't be 'massive inflation', and if there was the last thing you'd want to own is gold stocks, because they'll get caught up in the plunge with all the others.
If there's 'massive inflation' you really think that punters will be buying stocks or 'stacking'? They'll be too busy paying the mortgage, putting food on the table, and worrying about whether they'll have a job tomorrow.
This chart is interesting....if it drops below support it's a long way to the possible bottom.
There won't be 'massive inflation', and if there was the last...
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Last
21.3¢ |
Change
-0.003(1.16%) |
Mkt cap ! $175.8M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.0¢ | $306.2K | 1.428M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 523353 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 161142 | 21 |
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| Last trade - 13.14pm 15/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |