it's almost a consensus view now that gold will break new highs within a year or so, I agree, this bull run is very powerful, wouldn't want to be short, but just consider this scenario at some stage next year:
-the virus dissipates
-unemployment drops, people get back to work, new jobs are created
-fiscal stimulus starts to create some inflation, but not too much (no hyperinflation)
-interest rates start moving up, but slowly
-the Fed starts talking about tapering
I'm not predicting all these things to happen, but if they do, there's your next gold bear market
Gold Expected to go US$2000, page-2
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.32 |
Change
0.280(6.93%) |
Mkt cap ! $8.593B | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.38 | $4.25 | $58.48M | 13.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4125 | $4.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.33 | 7000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| EVN (ASX) Chart |