Thanks for that perspective MrHemi. It looks like the long term holders will be safe from that perspective.
Do you have an opinion on why the gold price reacted so immediately for the 1973-1975 recession?
Some people are saying that the current situation more resembles the 70's recession as the GFC was really just triggered by a real estate collapse where as this one seems to be caused by a broader range of factors.
Chart - TA, page-2675
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Last
$1.07 |
Change
-0.025(2.28%) |
Mkt cap ! $2.564B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.10 | $1.07 | $7.814M | 7.263M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 98271 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 14861 | 2 |
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| DEG (ASX) Chart |