Thank you for sharing this interesting article...!
With a less-than-optimistic conclusion, contrary to many expert opinions on HC :
..."While gold may still see a final spike before topping out, caution is strongly advised for anyone looking to chase this breakout.
Gold miners, in particular, warrant extra vigilance. The current surge is likely a bull trap, with prices expected to reverse later this month.
The stock market is enjoying a short-term bounce following Trump's 90-day tariff pause, but the broader outlook points to the early stages of a new bear market—one that could persist through at least mid-year."...
While it's true that this announced decline is likely to affect many gold mines, it shouldn't affect Vault (and its hedges), which has unfortunately been falling for almost a year !
But let's be optimistic, Vault being in reverse of other gold mines since the price of gold went from $3,500-3,700 to $5,100, maybe the opposite will happen and Vault's SP will finally increase while the price of other gold mines will decrease...?
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Is there a pilot at the controls of VAU ?, page-33
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Last
41.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.789B |
Open | High | Low | Value | Volume |
41.0¢ | 42.0¢ | 40.8¢ | $25.72M | 62.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 3626824 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.5¢ | 3145511 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5452 | 0.405 |
70 | 3755918 | 0.400 |
14 | 511658 | 0.395 |
18 | 597294 | 0.390 |
8 | 388383 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.415 | 5000 | 1 |
0.420 | 785419 | 10 |
0.425 | 256030 | 7 |
0.430 | 356499 | 9 |
0.435 | 252323 | 12 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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VAU (ASX) Chart |