I don't know but it sure looks like it. I noticed that some of the Canadians started popping on Monday. My thesis has been lot's of hands have been flushed out of the junior market. including individuals, hedge funds, etc..
I suspect we will find out soon enough. Only 2% of institutional investors in gold and silver. I've seen articles popping up in the USA that retirement funds, etc are starting to evaluate placing some of their funds in gold. Overall 1% are in this market, if we double that it would be a strong surge for all of us. And im sure many will start to follow. It's like a snow ball effect or the hundredth monkey theory.
Lot's of cash out there sitting on the side lines.
Let's hope to see some AMX news this month to give us that extra push up.
have we bottomed?
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Last
45.5¢ |
Change
0.005(1.11%) |
Mkt cap ! $43.22M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 49.5¢ | 45.0¢ | $20.40K | 44.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3417 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 1250 | 1 |
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| Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
| AMX (ASX) Chart |