CXO 6.25% 15.0¢ core lithium ltd

Banter and general comments, page-29

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    Talking about a CXO' choice of commodities and a huge upside predicted by experts elsewhere DYOR:

    "Basically, stocks are trading at record high valuations while commodities, on the flip side, have never been so undervalued.
    “The setup is in place for a macro pivot in the relative performance of these two asset classes,” Smith wrote in a note to clients.
    “Comparable conditions were present with the 1972 Nifty Fifty and 2000 Dotcom bubbles.

    ”He explained that investors will soon be looking to put their money toward the highest growth and lowest valuation opportunities, and that will result in a big move away from the top-heavy stocks that have been leading this bull market into record territory.
    “Analytically minded investors will soon be rotating, if not stampeding, out of expensive deflation-era growth equities and fixed income securities and into cheap hard assets, creating a reversal in the 30-year declining trend of money velocity,” Smith wrote. (...)

    Then, the even bigger opportunity, he says, lies in picking the winners on the exploration side.
    “To be frank, buying gold or silver is not a contrarian investment position today,” Smith wrote. “There are enough people in agreement with the idea that all government backed fiat currencies are doomed to some level of devaluation through inflation due to the level of fiscal and monetary imprudence and unsustainable debt imbalances in the financial system.”

    https://hotcopper.com.au/data/attachments/2768/2768744-f612f86ee90ce328530a6870bdcaa6f8.jpg

 
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Last
15.0¢
Change
-0.010(6.25%)
Mkt cap ! $320.5M
Open High Low Value Volume
16.0¢ 16.5¢ 14.5¢ $3.103M 19.92M

Buyers (Bids)

No. Vol. Price($)
53 4385183 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 764976 14
View Market Depth
Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
Last
15.0¢
  Change
-0.010 ( 4.82 %)
Open High Low Volume
16.3¢ 16.5¢ 14.5¢ 10560132
Last updated 15.59pm 15/05/2024 ?
CXO (ASX) Chart
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