Mr Rule posits it’s the inflationary material costs of building mines and production keeping a lid on the miners and developers, the POG is only now just starting to move to bring free cash flow in the sector toward the positive margins.
crypto’s & tech have a hand in it at a retail level too.
if the market expects anything it’s a credit crisis, too many banks over leveraged to finance their positions, long and short.
Gold Price, page-224
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Last
$1.22 |
Change
0.015(1.24%) |
Mkt cap ! $2.923B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.22 | $1.20 | $11.43M | 9.413M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 563505 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 270012 | 5 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |