yes
found this this morning , for what it's worth .....Despite a looming recession, commodities are in a supercycle, and gold stands to outperform, according to Wells Fargo. The worst-case scenario for the precious metal is double in price.
The commodity supercycle kicked off in March 2020 and has at least six more years to go, John LaForge, the head of real asset strategy for Wells Fargo, told ***** News.
"Commodities are in a supercycle. We're structurally undersupplied across the commodity complex," LaForge said. "The shortest supercycle on record is nine years. We are only in year three. We have at least another six years to go."
https://www.*****.com/news/2023-03-16/-Clash-coming-Worst-case-scenario-for-gold-in-this-supercycle-is-to-double-Wells-Fargo-is-watching-3-000.html
- Forums
- ASX - By Stock
- RMS Chart
yesfound this this morning , for what it's worth .....Despite a...
-
- There are more pages in this discussion • 96 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
|
|||||
Last
$1.94 |
Change
-0.020(1.02%) |
Mkt cap ! $2.220B |
Open | High | Low | Value | Volume |
$1.90 | $1.95 | $1.89 | $3.558M | 1.847M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8502 | $1.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.95 | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3384 | 1.935 |
4 | 28884 | 1.930 |
1 | 3384 | 1.925 |
4 | 14054 | 1.920 |
2 | 8534 | 1.915 |
Price($) | Vol. | No. |
---|---|---|
1.945 | 20000 | 1 |
1.955 | 3384 | 1 |
1.960 | 3903 | 2 |
1.965 | 3384 | 1 |
1.970 | 3384 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
RMS (ASX) Chart |