DEG 1.41% $1.08 de grey mining limited

Chart - TA, page-10

  1. 2,417 Posts.
    lightbulb Created with Sketch. 757
    Great post A.I.
    Volitile times ahead , me thinks.
    Airline industry in the US close to collapse unless they receive more fed money asap.
    Gold retaining support and ready to jump as seen friday with that spike and mentioned by A.J.
    At this time however no clear catalyst either way.
    Should these vaxxs get final approvals and logistics successfully in place, economic activity globally should start rising sharply into 21 at least by 2nd or 3rd quarters.
    (Some industries around the globe already at around 70% pre covid.)
    This would see investors selling off US dollars as they seek big profits globally.
    I cant see bond yields doing anything under this scenario either, but who knows.
    With the fed (and other central banks) remaining fixated on stimulus and unconcerned about inflation i think we will see the USD loosing more value.
    This will be great for gold and of course gold miners and first class explorers like DEG.
    Im top heavy gold into 21.
    So much damage done to economies and massive global debt.
    US recovery though surely subdued due to covid ravage.
    The above is just my view in brief.
    As you say A.I "Those that balk at volatility in the mineral extraction field should re-evaluate their psychological and financial tolerance to risk." Agree 100%.
    Last edited by pureau: 22/11/20
 
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Last
$1.08
Change
0.015(1.41%)
Mkt cap ! $2.588B
Open High Low Value Volume
$1.09 $1.09 $1.07 $21.52M 19.94M

Buyers (Bids)

No. Vol. Price($)
2 101100 $1.08
 

Sellers (Offers)

Price($) Vol. No.
$1.08 18723 2
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
DEG (ASX) Chart
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