Im getting savaged by everyone i made buy MYG at 11-13 cents PER share.
I keep reminding them at eventually this will be a bleap on the chart once its at 5-10 the levels its at now.
HUI/XAU soared last night despite the DOW and S&P going down 4%. SO goldies are starting to decouple from the market.
Remember at 2k gold with cash costs of 600 - MYG will be making alot of money. Off course financing is now put into question with the whole world fearing a credit crash.\
Let me remind most of you, this wont happen YET. Fed still has a QE up its sleeve later this month and now BOE said it will also pump cash into the system. They wont stop, especially with elections next yr.
My advise: buy the dip......
myg gets a mention in the australian today, page-38
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Last
80.0¢ |
Change
-0.020(2.44%) |
Mkt cap ! $73.17M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.0¢ | 77.0¢ | $7.061K | 9.123K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1298 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 2292 | 1 |
View Market Depth
| Last trade - 15.19pm 15/11/2024 (20 minute delay) ? |
| MYG (ASX) Chart |