Perhaps it is my engineering background that pushes me to overanalyse in finance, in order to achieve perfection; not sure. I may overanalyse, however, it is all relative to my peers. I like to formulate solutions based on all possible variables, thus leading to the optimum decision according to all variable inputs.
From an investing standpoint, I believe gold equities is the place to be for the foreseeable future as gold stands to benefit significantly from the only possible future scenarios that I can see:
1. Governments cut rates to zero/negative, move to MMT, and embrace a universal basic income to stimulate growth.
2. Governments do nothing, bank bail-ins occur, businesses go under, and the entire global economy descends into a great depression for a very long time.
No matter which scenario you choose, either 1 or 2 above, gold will benefit. So my "over analysis" here has resulted in the best asset being selected for investment, over the long term, and in my opinion of course.
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Last
$4.02 |
Change
-0.005(0.12%) |
Mkt cap ! $7.983B |
Open | High | Low | Value | Volume |
$4.01 | $4.02 | $4.00 | $1.213M | 302.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 29085 | $4.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.02 | 30138 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 27840 | 4.420 |
8 | 23127 | 4.220 |
3 | 2230 | 4.210 |
4 | 2275 | 4.160 |
5 | 18073 | 4.150 |
Price($) | Vol. | No. |
---|---|---|
3.700 | 24232 | 3 |
3.820 | 730 | 1 |
3.830 | 4465 | 1 |
3.890 | 34668 | 4 |
3.900 | 16345 | 12 |
Last trade - 10.10am 22/05/2024 (20 minute delay) ? |
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Last
$4.02 |
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Change
-0.005 ( 0.13 %) |
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Open | High | Low | Volume | ||
$4.01 | $4.03 | $4.00 | 141182 | ||
Last updated 10.27am 22/05/2024 ? |
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