Hi Sebby I enjoy your insightful posts as well.
Crypto and prices of raw materials like Copper , Lumber, Oil are the inflationary "canary I'm the mineshaft" and contrary to popular belief central banks cannot control inflation.
Otherwise they would not let inflation run to 17-18 percent in the past and Argentinians would not have been walking around with barrowfulls of money as their currency was so worthless .
im not saying we will see 400 percent inflation like Argentina but the early indicators are that inflation is on the horizon and discretionary spending will be hit hard
Chart - Z1P, page-1960
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.29 |
Change
0.045(3.63%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.32 | $1.27 | $16.63M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30048 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 290528 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.29 |
Change
0.045 ( 3.89 %) |
||||
| Open | High | Low | Volume | ||
| $1.25 | $1.31 | $1.25 | 2717786 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ZIP (ASX) Chart |