Oliver is extremely bullish and rightly so. An example he used, GDX, is half what it was during the peak of 2011 when the gold price reached its zenith. We are within sight of 1900 now and the economy is a dumpster fire. It helps that gold companies have become more disciplined in allocating capital and have begun the process of returning large chunks of cash to shareholders. So between all time highs in the gold price (the herd mentality is coming into sharp focus) and reasonably priced gold shares - plus the realization that central banks will destroy the system in order to save it, bankers are evil but not stupid, they know where this all leads and none of it is good - betting against gold is a fool's game.
Oliver is extremely bullish and rightly so. An example he used,...
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Last
$1.56 |
Change
0.025(1.63%) |
Mkt cap ! $1.690B | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.56 | $1.54 | $4.453M | 2.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 138 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 59999 | 6 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| GOR (ASX) Chart |