BML 3.26% 8.9¢ boab metals limited

9 people gave your post a thumb, which says a lot about the type...

  1. 6,965 Posts.
    lightbulb Created with Sketch. 1341
    9 people gave your post a thumb, which says a lot about the type of people in this forum (i.e., scratching around in the dirt like hungry chickens for little crumbs of misinformation to nourish their confirmation bias)

    I'm not really addressing this post to you bda, because I don't respect your opinion or care what you believe. I actually enjoy seeing you lose money (you mentioned previously you only own silver stocks. Man, you must be hurting)

    Anyway, I vividly recall in 2008 (i.e., when the massive GFC sell off in equity markets occurred) gold plummeted 25% (i.e, from 974 in Feb 2008 to 732 in Nov 2008). GDX was ANNIHILATED (down around 60% or 70% iirc)

    Its an accepted fact that gold doesn't do well during market crashes. Its generally the fiscal stimulus and supportive monetary policy following a crash which creates the favourable conditions

    Anyone expecting/hoping for an imminent financial crisis to make money on their gold stocks would be better served selling out, waiting for however long it takes for the effects to wash through, and them jump in at the nadir to position themselves accordingly
    Last edited by Protagonist: 17/09/21
 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
(20min delay)
Last
8.9¢
Change
-0.003(3.26%)
Mkt cap ! $20.77M
Open High Low Value Volume
9.0¢ 9.0¢ 8.9¢ $6.667K 74.31K

Buyers (Bids)

No. Vol. Price($)
1 89158 8.9¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 15642 1
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
BML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.