My broker strongly believes that the A$ is going to settle back into the 72-76 trading range.
A$ gold price then gets dragged back closer to $2,000.
RMS hedging strategy may then start to look like another stroke of genius (after SPX t/o)
RMS going into that global Gold Index June 12 highly likely, but entry to ASX 200 index is far from a certainty this quarter despite $1.4 billion capitalisation as Diamond Jim has outlined.
I’ve taken my winnings off the table yesterday and it’s been great fun.
best of luck to all.
Australian dollar / gold / indexes
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Last
$1.92 |
Change
0.030(1.59%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.95 | $1.92 | $7.450M | 3.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72964 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 42195 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |