James Rickards has a rapid mind and is astute on many levels.
But he talks about how Wall St loves narratives, and then delivers a whopper himself. The problem with tariffs is he is oversimplifying, and forgetting that the US offshoring is not reversible rapidly, if at all.
The automotive industry illustrates: so many components are from offshore. If you suddenly slap tariffs on components you make pricing really uncertain. And it's uncertainty that's unhealthy for investing.
Never mind, gold is still the go regardless.
James Rickards has a rapid mind and is astute on many levels.But...
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Last
69.0¢ |
Change
-0.015(2.13%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 67.0¢ | $232.3K | 338.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6169 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 9973 | 1 |
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| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| BGD (ASX) Chart |