"I think there is no such thing as experts on POG ..."
You certainly got that right, Chuk!
The experts, ie Jim Sinclair and the gold bulls at King World News, to name a couple, have been calling for a rise in the price of gold for the past couple of years. And gold has been steadily falling throughout that time. They are the supposed experts and if they can't get it right then who can?
But it does appear that sentiment has started to change and there is a positive in-flow of money into gold stocks.
The volume of trading in ABU hasn't been that high over the past few sessions and we've quickly risen to .029. Just goes to show how much ABU will bolt if the price of gold continues to rise...
rain on the way, page-16
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.353M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $779 | 259.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 15823362 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 23487747 | 25 |
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| Last trade - 10.06am 12/07/2024 (20 minute delay) ? |
| PRX (ASX) Chart |