"Be careful though, if there is too much panic, nothing is safeSmall doses of panic to keep gold prices high is what we needControlled panic"
Alas, for the time being, controlled panic seems to be about as rare as rocking horse manure.
Rather, the market seems to alternate between, on the one hand, headless chook panic, in which case everything, including gold miners are sold, and on the other hand, boundless optimism, in which case, who needs gold?
The market spends no time in the middle fretting about the inflationary impact of all the money that is being conjured out of thin air.
The way things are going with the Covid case numbers, it looks like there will have be yet more stimulus spending.
Cheers
"Be careful though, if there is too much panic, nothing is...
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Last
$13.90 |
Change
-0.390(2.73%) |
Mkt cap ! $16.04B | |||
| Open | High | Low | Value | Volume |
| $13.81 | $14.08 | $13.77 | $26.52M | 1.909M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3147 | $13.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.91 | 4475 | 20 |
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| Last trade - 11.24am 26/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |