As of 1st January, 2023, gold became a tier 1 asset. This was declared by the Bank for International Settlements in 2018. Since then central banks have been increasing gold reserves hand over fist because a country's wealth will be equal to the number of tonnes they posses. Therefore like REE, gold in the ground will be a strategic asset. BlackRock and Vanguard own the world and will takeover any worthwhile assets. I think DEG will be an asset worth owning.
Barrick Gold eyes De Grey Mining, page-126
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Last
$1.37 |
Change
-0.025(1.79%) |
Mkt cap ! $3.283B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.40 | $1.37 | $6.904M | 5.005M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16964 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 114660 | 6 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |