Another good post worth reading and thinking about .
My take on the current disaster is to focus on the damage already done to economies and expect a protracted deep recession with no quick rebound in employment world wide .Hence protracted weak demand .
I feel that whenever the road to recovery actually starts it will be a long gradual and painful one .
It is hard to see how gold can avoid doing well in this scenario isn't it ?!
And where do you put cash ?
Bank interest and bond interest are low .
Paper currencies are weak .
Common sense suggests weaker stock markets and real estate predictions aren't encouraging .
Buffet found one of the few reliable and safe earners ...profitable gold mines .
It's not as if the world economy was strong before COVID .
Gold stocks are a no brainer IMO and not there for profit taking but to be held .
- Forums
- ASX - By Stock
- August 19 insto presentations
Another good post worth reading and thinking about .My take on...
-
- There are more pages in this discussion • 101 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OBM (ASX) to my watchlist
(20min delay)
|
|||||
Last
58.0¢ |
Change
0.010(1.75%) |
Mkt cap ! $1.094B |
Open | High | Low | Value | Volume |
59.0¢ | 59.5¢ | 58.0¢ | $1.617M | 2.750M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 195829 | 57.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.0¢ | 68733 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 164046 | 0.575 |
6 | 51102 | 0.570 |
13 | 252819 | 0.565 |
9 | 678960 | 0.560 |
4 | 150300 | 0.555 |
Price($) | Vol. | No. |
---|---|---|
0.580 | 88800 | 14 |
0.585 | 152538 | 12 |
0.590 | 282275 | 14 |
0.595 | 473629 | 15 |
0.600 | 547921 | 19 |
Last trade - 11.58am 13/09/2024 (20 minute delay) ? |
Featured News
OBM (ASX) Chart |