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
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Last
$1.20 |
Change
0.060(5.26%) |
Mkt cap ! $1.360B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.22 | $1.13 | $7.927M | 6.774M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 7615 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 79683 | 20 |
View Market Depth
| Last trade - 14.14pm 06/06/2024 (20 minute delay) ? |
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Last
$1.20 |
Change
0.060 ( 5.28 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.22 | $1.13 | 3329489 | ||
| Last updated 14.34pm 06/06/2024 ? | |||||
| ZIP (ASX) Chart |