RMS 1.31% $1.94 ramelius resources limited

Gold bugs still haven't figured this out, his isn't the 1970's,...

  1. 1,944 Posts.
    lightbulb Created with Sketch. 488
    Gold bugs still haven't figured this out, his isn't the 1970's, you have 8% inflation gold hasn't gone anywhere. Why? Your thesis is incorrect. Gold is inversely correlated with bond yields since GFC. The capitulation and reversal of treasury yields will propel gold higher not lower. As mentioned earlier in this thread the demand destruction is already pushed back Fed QT which means they'll likely not QT at all.

    https://hotcopper.com.au/data/attachments/4331/4331262-5ea5d54ac8b53d21ddda7934db0371df.jpg
    Last edited by BullishBearish: 10/05/22
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$1.94
Change
0.025(1.31%)
Mkt cap ! $2.217B
Open High Low Value Volume
$1.94 $1.94 $1.91 $4.344M 2.249M

Buyers (Bids)

No. Vol. Price($)
4 96359 $1.94
 

Sellers (Offers)

Price($) Vol. No.
$1.94 43994 6
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.