This is a great article just in the AFR and clearly shows Trump’s chaotic approach which creates huge uncertainty and is sure to result in a recession with the only issue being how bad a recession starting in in 2025. Trump is so chaotic he creates massive amounts of noise resulting in huge volatility in markets not just daily but hourly.
It is important to see through the noise and look at the bigger picture which is definitely creating a positive environment for the POG and POS to go a lot higher this year and the next few.
The best quote is “What’s remarkable is that the market keeps falling for it”. Here is the full paragraph.
“It is more evidence, if it was required, of how Trump revels in chaos. For whatever reason – maybe he foolishly thinks it strengthens his bargaining position, maybe it’s just how he keeps himself interested, definitely he loves the world turning on his every utterance – this is a feature of his approach, not a bug. What’s remarkable is that the market keeps falling for it”
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Gold and macro environment, page-1163
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Last
$2.27 |
Change
0.060(2.71%) |
Mkt cap ! $2.909B |
Open | High | Low | Value | Volume |
$2.23 | $2.27 | $2.20 | $7.331M | 3.278M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 403 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.27 | 77805 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16851 | 2.200 |
1 | 229 | 2.190 |
1 | 750 | 2.180 |
1 | 800 | 2.160 |
2 | 248 | 2.150 |
Price($) | Vol. | No. |
---|---|---|
2.280 | 133000 | 1 |
2.290 | 37079 | 2 |
2.300 | 9888 | 3 |
2.310 | 7500 | 1 |
2.320 | 23500 | 2 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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SPR (ASX) Chart |