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$1.19 de grey mining limited

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tailwind

314 Posts.

116

05/03/23

11:21

Post #: 66608644
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Originally posted by Skol: ↑

1. BRICS nations are failed states, tyrants and dictators. The last places I'd invest my money.

2. The central banks buying gold are mostly dictatorships and third world countries...meanwhile the price of gold has declined.

3. Production may have stalled temporarily because the gold price is declining, and who wants to be stuck with a pile of gold they can't make much money out of?

4. The cost of extraction is declining as new technology makes it easier to locate and excavate, and production is up, almost every year.

Goldbugs have been predicting major economic catastrophes for decades, but the opposite's happened, most nations and individuals are much richer now than they were a decade ago, there's less poverty and less wars, except for that idiot Putin invading a sovereign nation, something he's going to pay dearly for.

Goldbugs love to read that they're going to rich and the rest of us are going to be poor, but the opposite's happened, and to tempt suckers into buying more gold, gold salesmen post more and more extravagant predictions.

Pierre Lassonde's latest prediction is US$25,000, it's absurd, suckerbait only.

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DEG Price at posting: $1.49 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.19		Change -0.018(1.45%)		Mkt cap ! $2.870B

Open	High	Low	Value	Volume
$1.22	$1.22	$1.19	$3.770M	3.139M

Buyers (Bids)

No.	Vol.	Price($)
20	18284	$1.19

Sellers (Offers)

Price($)	Vol.	No.
$1.20	103000	22

View Market Depth

No.	Vol.	Price($)
19	25561	1.190
32	190169	1.185
21	239347	1.180
12	215539	1.175
14	555581	1.170

Price($)	Vol.	No.
1.195	102362	20
1.200	220497	17
1.205	211455	19
1.210	619903	20
1.215	69147	6

Last trade - 13.17pm 15/07/2024 (20 minute delay)

DEG (ASX) Chart