I have been doing some mathematics today as I am in that mindset. Hare is some Trivia for you. Did you know that from the low around 2002 at $280 per ounce to $1770 today the POG in $US terms has risen by an average annualised rate of 19.5% over the 10 year period when compounding the growth daily. With NST from the time I entered the stock on 24/11/2010 at 26.5cent to today's price the annualised growth rate to today's price of $1.27 has been an impressive 85% annualised rate of return. After Benanke has effectively kept the printing presses rolling indefinitely I have no doubt that gold will continue to compound at an annualisd rate of somewhere around 15% to 20% pa for many years to come. Just think of the growing margins for NST. These really are truely golden days for NST and Gold.
game on ?, page-9
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Last
$14.18 |
Change
-0.050(0.35%) |
Mkt cap ! $16.29B | |||
| Open | High | Low | Value | Volume |
| $13.94 | $14.31 | $13.73 | $70.32M | 4.996M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 599 | $14.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.23 | 10836 | 2 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| NST (ASX) Chart |