Yes very worrying inflation data, the highest in 40 years but good news if you are invested in safety hedges like we are!
During the last stagflation (1976-1980), gold rocketed 480% in the period. Obviously it is a different world now with slightly different variables, however even if we got a quarter of a run like that, we are onto a winner here! Gold boom incoming!
Yes very worrying inflation data, the highest in 40 years but...
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Last
45.3¢ |
Change
0.013(2.84%) |
Mkt cap ! $161.2M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.3¢ | 44.5¢ | $139.4K | 308.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2631 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 6900 | 1 |
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| Last trade - 15.59pm 03/10/2024 (20 minute delay) ? |
| AUC (ASX) Chart |