Gold price is rising, already at $2.040 USD, this is a sign that people are looking for safety due to the imminent recession in US and probably globally in the first half of 2024. Cost of living let's not talk about it, inflation also let's not talk about it but surely is not 5-6% like they want us to believe but most probably around 20%, so investment in lithium miners at the moment is kind of risky in the short term. Of course long term is a good investment but people want to have access to their money without depreciation during a recession. Gold is the safest bet at the moment, together with banks and supermarkets that post ridiculous high profits
All in my opinion, not financial advice whatsoever but you must be able to read the signs
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16.5¢

Gold price is rising, already at $2.040 USD, this is a sign that...
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Last
16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $34.22M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.5¢ | $47.20K | 278.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 183034 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 2568 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 183034 | 0.165 |
1 | 10000 | 0.160 |
1 | 100000 | 0.155 |
1 | 100000 | 0.120 |
2 | 19099 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 2568 | 1 |
0.180 | 29587 | 1 |
0.190 | 12100 | 2 |
0.200 | 666 | 1 |
0.205 | 100000 | 1 |
Last trade - 15.10pm 24/06/2025 (20 minute delay) ? |
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EMH (ASX) Chart |