@Happ
yes but no
the arc on the chart is the low monthly close price trend for past 10 years
even on shorter timeframes price rarely went below that arc in all that time - and always rose above it later
mqrch 2020 was an outlier trend break and SnapBack - same as it was for nearly every financial asset. - ie same was true in bonds
the point of charts is to identify probabilities to bet
the silver chart currently says it’s in on of the best risk/return positions you could want - and nothing yet suggests the overall arc price low trend has broken
as always - odds are best when pessimism highest and price relationships are at extremes
which is precisely why the us investment banks do it
idont agree on inflation
silver has never had a direct linear relationship with inflation
the link stretches and tightens at different times
there is a fairly direct link of inflation linked bonds to gold price but it’s not 1;1 correlation
right now us 10yr tips are at a price that would require 2000+ usd gold price
instead it’s 1735
but often you then get catchup and overtake
and silver tends to be the amplifier - more gold starts to catch-up more silver outperforms
but true precious metal inflation demand is not around current inflation levels but rising fear of future inflation
it’s when populations start having sharply rising future inflation expectations that gold and silver start getting bought emotionally as well as intellectually and prices surge
- Forums
- ASX - By Stock
- MTH
- MTH Chart
MTH Chart, page-13
-
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MTH (ASX) to my watchlist
(20min delay)
|
|||||
Last
49.5¢ |
Change
0.050(11.2%) |
Mkt cap ! $53.19M |
Open | High | Low | Value | Volume |
46.0¢ | 54.0¢ | 44.5¢ | $2.498M | 5.029M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 677 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 73681 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 37204 | 0.490 |
1 | 22500 | 0.485 |
6 | 32518 | 0.480 |
3 | 14107 | 0.475 |
5 | 52767 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 24130 | 2 |
0.510 | 36795 | 5 |
0.515 | 29801 | 2 |
0.520 | 38000 | 4 |
0.525 | 5000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
MTH (ASX) Chart |