I don’t agree David.
I think inflation in USA is already showing signs of peaking.
The Fed have been aggressive in action and talk and it’s working.
The dynamics in gold pricing are much more complicated to me than just looking at inflation figures.
I’m in Joel’s camp and feel that RMS is in the process of bottoming out, but I’m not expecting it to rocket back above $1 in a hurry whist there is the overhang perception of a large capital raising to fund a Carosue Dam purchase.
market revaluation 40 cent to 60 cents possible., page-2
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Last
$2.03 |
Change
0.010(0.50%) |
Mkt cap ! $2.324B | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.03 | $2.00 | $7.448M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 111978 | 14 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |