IMO gold price will trend down for next few months before major recovery. Here's some latest comments which were on Bloombergs 13/10/10 at 1am:
Marc Faber
Instead of interest rates going down, they could start to go up, instead of the dollar being weak, it could strengthen, Faber said. Im ultra-bearish on everything, but I believe you be better off owning shares than government bonds."
Buffett:
Its quite clear that stocks are cheaper than bonds, Buffett said. I cant imagine anyone having bonds in their portfolio when they can own equities.
IMO, the move will be into commodities (especially food stocks)over next few months rather than gold which again, IMO golds price relationship is linked to bonds as a store of value.
I would like others to challenge or add to these points as I believe RMS investors need to understand what underpins POG both short & medium term
- Forums
- ASX - By Stock
- rms 4m oz gold, 2 mines, 3-4 bagger from here
IMO gold price will trend down for next few months before major...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.14 |
Change
0.000(0.00%) |
Mkt cap ! $2.456B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6074 | $2.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.99 | 7744 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6074 | 2.270 |
2 | 8420 | 2.260 |
4 | 27395 | 2.250 |
5 | 2341 | 2.240 |
7 | 14794 | 2.230 |
Price($) | Vol. | No. |
---|---|---|
1.990 | 7744 | 1 |
2.030 | 23156 | 1 |
2.090 | 297 | 2 |
2.110 | 1153 | 4 |
2.120 | 1321 | 1 |
Last trade - 09.55am 13/09/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |
Day chart unavailable