@equityma
there some really good points in among some incredibly poor ones there. and some are just counterfactual
and your 2nd statement/point is just unsubstantited racism.
as for which sector is most resilient in a rising inflation environment - its historically been banks. inflation drives interest rates= increases that has historically allowed them to expand their net margin
neither oil nor gold are what one would call stable at either the equity or commodity price level
but we dont have rising inflation at an index level yet
as for comparing oil with gold - totally different investments. people who compare them are ill informed- their correlation is only due to usd denomination and inflation resistance to a lmited extent.
gold is a currency, oil the ultimate industrial gdp-demand-led commodity. their use is totally different - if you strip out the USD component the curves are markedly different for approx half a full cycle
@equityma there some really good points in among some incredibly...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.81 |
Change
0.140(1.83%) |
Mkt cap ! $25.36B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.82 | $7.76 | $53.77M | 6.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43486 | $7.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 39967 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |