Hey @coto & @ValueWorx63
Happy Easter! There seems to be a paradox between the PoG and the sp of miners such as EVN.
EVN's sp is $3 below its ATH of $6.58 (July 1 2020) when PoG was approximately $2073. I'm confident that EVN will exceed it's 2020 ATH this year. The timing will mirror the rate of increase of the PoG. So it may be a matter of a few months.
The first chart is taken from iGold Advisor, a PMs analyst I've been following for years. Full article here:
https://www.gold-eagle.com/article/gold-price-breaks-out%E2%80%A6-no-one-cares
The article concludes as follows:
Gold has just recorded new record high closes across every timeframe that we could possibly measure. Yet ironically, mainstream investors have not shown interest in the advancing gold market. This is incredibly bullish – as it means that mainstream investors are still to come: they will pile onto the gold market (i.e. “FOMO” [Fear of Missing Out]) at some point in the future – only when prices are much higher. The gold investor today is participating in a stealth bull market. Prices are rising, yet no one is paying attention. Mainstream investors will come eventually. In the meanwhile, let us enjoy the relative solitude of being alone in the gold market while it rises quietly.
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Hey @coto & @ValueWorx63Happy Easter! There seems to be a...
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Last
$3.84 |
Change
0.000(0.00%) |
Mkt cap ! $7.625B |
Open | High | Low | Value | Volume |
$3.80 | $3.87 | $3.79 | $21.33M | 5.554M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5073 | $3.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.85 | 75573 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5073 | 3.840 |
1 | 2608 | 3.830 |
3 | 16585 | 3.820 |
9 | 170618 | 3.810 |
6 | 100505 | 3.800 |
Price($) | Vol. | No. |
---|---|---|
3.850 | 23492 | 4 |
3.860 | 148343 | 7 |
3.870 | 81335 | 6 |
3.880 | 69085 | 8 |
3.890 | 69697 | 12 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$3.84 |
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Change
0.000 ( 0.17 %) |
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Open | High | Low | Volume | ||
$3.80 | $3.87 | $3.80 | 1767321 | ||
Last updated 15.59pm 13/05/2024 ? |
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