Thanks too Mike.
Meanwhile gold has bounced also. On the US economic front, adding to increased jobless claims are pending home sales surprising to the downside. Overall, annual GDP for the second quarter missed estimates and is not performing as the Fed would hope.
Couple this with the PCE (inflation index that the Fed uses) coming in at an annual rate of 6.4% (3.7% was expected).
Faltering economic growth and higher inflation = stagflation = good for PMs which is why we're seeing them bounce right now.
A reasonable funding agreement, quality drill results and increased gold price should see the SP run back into the 3s quite comfortably imo.
Thanks too Mike.Meanwhile gold has bounced also. On the US...
-
- There are more pages in this discussion • 24 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 ASR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.15M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $27.36K | 5.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 18300000 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3535645 | 4 |
View Market Depth
| Last trade - 15.57pm 10/10/2024 (20 minute delay) ? |
| ASR (ASX) Chart |