There is nothing, even on the far horizon that suggests Central Banks the world over are going to do anything except pump more cash into various economies. Anybody holding cash is crazy. Fed Chairman Powell is suggesting inflation at 3% before he would even consider lifting official interest rates.
Mines coming into production are now incredibly valuable as gold is being mined at a far greater rate than gold is being discovered in economic quantities/locations.
Gold will start to make a run again, i'm betting after the US Presidential election in just 7 weeks time.
Buffett has finally come to his sense on gold and Central Bank monetary policy.
Pickle Lake Gold Exploration Landscape Relevant to AUT, page-14
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Last
83.0¢ |
Change
0.020(2.47%) |
Mkt cap ! $398.9M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 83.5¢ | 80.5¢ | $949.2K | 1.158M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 37168 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 9998 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FFM (ASX) Chart |