Actually the fall of the gold price is a combination of politics and economics . The United States Federal Reserve increase rates to combat inflation which has a deflatiinary effect on prices. The outcome is an exit for inflation hedging , bonds, silver and gold. The fall in bond, silver and gold prices are political although interest rate rises are the driving force.
The federal reserve helps the government achieve objectives. The rise of the gold price ifrom 2008 to 2050usd and fall to 1700usd is driven by politics.
The economic stimulus taking gold to highs and interest rate increses causing a fall.
Inflation vs deflation
- Forums
- ASX - By Stock
- RMS
- market revaluation 75 cents.
market revaluation 75 cents., page-90
-
- There are more pages in this discussion • 187 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
|
|||||
Last
$2.09 |
Change
0.000(0.00%) |
Mkt cap ! $2.393B |
Open | High | Low | Value | Volume |
$2.04 | $2.09 | $2.04 | $5.465M | 2.643M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $2.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.09 | 90183 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 2.080 |
1 | 3900 | 2.050 |
3 | 25176 | 2.030 |
3 | 24635 | 2.020 |
2 | 14681 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.090 | 61367 | 4 |
2.100 | 36412 | 2 |
2.110 | 7443 | 1 |
2.120 | 7443 | 1 |
2.130 | 7443 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
RMS (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online