Gold is consolidating. Which is good. Thursday important figures (labor market) USA. Covid situation deteriorating. Political tensions US/China. Barrick Gold reported roughly 20% higher profit as estimated by analysts - already a consequence of higher POG. To make a long story short: I think gold will resume his upward trend next week. Might hit then 2100 - more important for me is a steady positive development in POG. This bring cash for AMI. I do not like dividends....but hey....if necessary I take the money and will re-invest it in AMI or one of my other plays (HMX, OBM).
Just a question of figures and time here. Sooner or later the fundamentals will swipe away shorters and they will have to suffer.
POG surges to $2033 USD, page-52
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $304.4M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.3¢ | $401.9K | 2.292M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 154387 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 428734 | 6 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| AMI (ASX) Chart |