1.Thanks @Von Rico for this link
The respected British magazine The Economist explained the reasons behind the Central Banks buying record amounts of gold- which is contributing to the rising POG.
The Economist said
"In the long run, it [gold] is seen as a store of value, & not tied to any individual economy, seems immune to political & financial turmoil".
Post #:65137467
The Economist reinforces gold's traditional status as a store of value, & a safe haven; & exposes the falsity of crypto claiming it is a genuine & safe store of value, & that crypto will, eventually, usurp gold's status.
2. Legendary resources investor Rick Rule, on 17.11.22, predicted, with reasoning. that gold will be the outstanding resources performer in 2023.
s.t.o.c.k.h.e.a.d- then google below
https://unauthorised investment advice/experts/rick-rule-says-gold-is-the-play-in-2023-here-are-3-of-his-favourite-asx-stocks/#:~:text=That%20saw%20costs%20finish%20slightly,25%2D30%2C000oz%20per%20quarter.
(See also video attached, for full details of Rule's analysis, of gold's outperformance in 2023)
- Forums
- ASX - By Stock
- Gold Sector Backdrop
1.Thanks @Von Rico for this linkThe respected British magazine...
Featured News
Add GBZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.56M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $739 | 71.70K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 741000 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1043800 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 741000 | 0.010 |
6 | 1890464 | 0.009 |
6 | 1945797 | 0.008 |
3 | 550000 | 0.007 |
1 | 250000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1043800 | 3 |
0.012 | 1414592 | 6 |
0.013 | 1403307 | 3 |
0.014 | 1422469 | 5 |
0.015 | 31250 | 1 |
Last trade - 14.40pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
1.0¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
1.0¢ | 1.0¢ | 1.0¢ | 33333 | ||
Last updated 14.10pm 14/06/2024 ? |
Featured News
GBZ (ASX) Chart |