If RMS can rise out a global economic crash then RMS can likely survive. I feel the world is in the most dangerous place in history with war, covid, debt and geo political battles. I just cant see the light at the end of the tunnel with the US in $30 trillion of debt.
Here is food for thought. If energy falls in price and supply chains return to normal then the price increases from inflation might give corporations bumper profits which could accelerate a recovery. The gap between moderate pricing and inflated prices could serve as bumper profits when input costs and wholesale prices fall. This could turn the economy around from being deflationary to growth. This would be positive for gold.
market revaluation 75 cents., page-229
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Last
$1.96 |
Change
-0.040(2.00%) |
Mkt cap ! $2.242B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.02 | $1.96 | $6.529M | 3.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 80904 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 13842 | 3 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |