Hi Rabbitoh
A Gold price of US $1860 is definitely a possibility IMO.
It’s all Smoke & Mirrors. Markets / Commodity Prices are controlled by Governments / Large Corporations.
During Challenging / Tough Times your strategy should change from making money to maintaining wealth.
I feel we have 2 Options:
1. Buy and Sell Dips & Spikes in the Gold Price
which very difficult to get Right
2. Play the Long Game. My preferred option in this current economic / geopolitical environment.
I’m Tipping Gold to hit US $2,500 / 1 - 2yrs?
It may however by then be worth less than the recent high of AUD $2,800 as the US $ will have tanked for this to happen.
During the peak of the Global Financial Crisis 2007 / 2008 the AUD was worth US$1.10
I can see the US $ weakening even further in the next
1- 2 Years. Gold, not the US$, will now be the Worlds (China & Russia) preferred Safe Haven Option.
The Gold Sector will Consolidate with a large amount of Mergers and Takeovers taking place. Quality Gold Producers will be generating / have huge amounts of cash to spend.
NXM will be High on several companies wish list.
What price will NST pay?
If they want NXM / They get NXM.
I have $1.35 in my head for some reason?
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Hi Rabbitoh A Gold price of US $1860 is definitely a possibility...
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Last
7.9¢ |
Change
0.002(2.60%) |
Mkt cap ! $47.69M |
Open | High | Low | Value | Volume |
7.7¢ | 8.0¢ | 7.6¢ | $65.23K | 824.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.077 |
1 | 200000 | 0.075 |
1 | 40000 | 0.074 |
1 | 185000 | 0.071 |
1 | 30800 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 100000 | 1 |
0.080 | 160000 | 2 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
0.087 | 12000 | 1 |
Last trade - 15.31pm 20/06/2025 (20 minute delay) ? |
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