and this is another key chart - gold value vs US monetary base
US debt has always been a key driver of gold price with a twist - size of debt itself isnt the driver of any gold price shifts - serviceability is. though youll note early 80s Reagan tax cut and deficit spending was a key to driving gold price ratio higher even after peak oil was fading
http://www.macrotrends.net/2485/gold-to-monetary-base-ratio
and this is another key chart - gold value vs US monetary base...
-
- There are more pages in this discussion • 143 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RSG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
63.0¢ |
Change
-0.005(0.79%) |
Mkt cap ! $1.341B | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 64.5¢ | 62.0¢ | $4.144M | 6.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 306022 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 35330 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |