This gold movement is hugely indicative of systemic issues and confidence in credit and currency markets. ESPECIALLY, when the gold price is rising with increasing bond yields. Janet is issuing $7T in bonds and the world is not buying it.
This indicates there is no confidence in the US dollar or US debt levels and why CBs are buying gold hand over fist at never seen before levels. They know something massively destructive is coming and they are battening down their hatches to avoid as much damage as possible. Retail still hasn't cottoned on yet. When they do.....gold price will be like syphoning Hoover Dam through a garden hose, as Doug Casey would say!
Silver will do the same, but later.
This gold movement is hugely indicative of systemic issues and...
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Last
9.8¢ |
Change
-0.001(1.01%) |
Mkt cap ! $40.97M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $32.45K | 326.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40209 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 71428 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
10.0¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.5¢ | 10.5¢ | 10.0¢ | 107659 | ||
| Last updated 15.47pm 03/05/2024 ? | |||||
| BEZ (ASX) Chart |