My understanding is that one of the drivers of increased money supply has been the significant slowing of the velocity of money within the system, as business activity reduces.
The money supply has apparently been increased to "liquefy" the financial system .
It's hard to see much happening to the gold price until a 'black swan'event changes context and general perspective.
money supply and the gold price
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $5.294M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $1.388K | 556.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 23213615 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 16131856 | 20 |
View Market Depth
| Last trade - 14.02pm 26/07/2024 (20 minute delay) ? |
| PRX (ASX) Chart |