NXM nexus minerals limited

Agreed Iryna - BellaExperts Believe Gold is in a Bull Market...

  1. 322 Posts.
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    Agreed Iryna - Bella
    Experts Believe Gold is in a Bull Market that will last for at least a further 2 Years. Short Term Data However Points to a Pullback in the Gold Price Due to a Strengthening US Dollar (Another Safe Haven)
    - Golds Kryptonite
    The US Dollar Strengthens with Rising Interest Rates
    An End to the Unprecedented Covid related Money Printing will also Strengthen the US Dollar
    Combining Both of these Situations Creates a Huge Short Term Head Wind for the Gold Price IMO
    A Decent Pull back looks inevitable.
    The Good News is it will only be Short Term / Temporary.
    Markets All around the World are in Massive Bubbles IMO. None more so than the US. China is also Looking very Shaky. How Quickly People Forget. The DJIA Dropped 49% during the Global Financial Crisis in 2008
    Company P/E Ratios are currently at Outrageous / Unsustainable levels due to Cheap Money (Almost Zero Interest Rates), Free Money (Covid Related Money Printing), Company Share Buy Backs to Artificially inflate Company Revenues / Profits ensuring Executives receive their Bonuses & FOMO (Fear of Missing Out)
    If Markets Tank Gold Stocks initially Drop with everything else. The Gold Price / Quality Gold Stocks will Rebound Strongly due to their safe haven appeal / Large Investors repositioning - In NXM I Trust!
 
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(20min delay)
Last
7.1¢
Change
-0.001(1.39%)
Mkt cap ! $42.86M
Open High Low Value Volume
7.2¢ 7.2¢ 7.1¢ $16.50K 230.8K

Buyers (Bids)

No. Vol. Price($)
2 16000 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 102000 2
View Market Depth
Last trade - 15.13pm 26/06/2025 (20 minute delay) ?
NXM (ASX) Chart
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