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
$1.18 |
Change
-0.020(1.67%) |
Mkt cap ! $2.816B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.17 | $2.929M | 2.491M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30988 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 75504 | 10 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |