Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

I tend to agree, I have QAN on my watch list. Yep, the milk...

First 67024 Last

Share
Profile

Follow
Skol

32,984 Posts.

1378

26/02/20

16:21

Post #: 43168036
Share

Originally posted by AverageJoe: ↑

Neither do I think Gold bars are a pandemic defense besides the behavioral ST psychology.

IVC is in that no man's land region from the chart but a viable alternative to profit from fatality, morbid but the reality. Unfortunately gaming stocks once a defensive play on bad economic conditions do not apply any more when growth are leveraged to Chinese consumers visiting.

Wehn the dust settles, whenever and whatever leading signal it conjures up, I am thinking SYD, healthcare and maybe oilers. Even the tech sector are presenting a lot of value but with the capital gains still under protection, I might as well use cheap PER to value that sector.

Don't laugh but gold producers have a long way to go if my read on the Oz economy stimulate to death, bans cash transaction then hands out helicopter money. Hong Kong has instigated this unproven tool as of today! Toilet duties awaits AUD..... As for NZD, milk turns sour at the ports unlike Iron ore.

Expand

I tend to agree, I have QAN on my watch list. Yep, the milk might turn sour and the meat stay in the paddocks, but it won't last forever.

Oilers could be a good bet when it's all over, but what's gold do in a pandemic?

People are much more likely to need cash to pay the bills or the mortgage, not buy gold bars.
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 59,418 more messages in this thread...

First 67024 Last

Add GOLD (COMEX) to my watchlist