"As of mid-morning Wednesday, Comex June gold was already up 12% for the year to date to $1,716.90 an ounce, a contrast to the year-to-date losses in other commodities.“
Gold fundamentals arguably have never been stronger, as the COVID-19 pandemic (and the depressing reality of its economic damage) has led to an unprecedented amount of quantitative easing across the globe,” said the report, released this week and written by equity analyst Matthew Miller.
The research firm said the rally in gold “has only just begun” and shares of mining companies are “the best way to play an appreciating gold price” due to their leverage against movements in the price of the yellow metal."
Gold is as good as, you know, gold for want of a better word.
IMHO
Gold. Get into it.
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- seems to have strong support today
seems to have strong support today, page-57
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42.0¢ |
Change
-0.015(3.45%) |
Mkt cap ! $256.4M |
Open | High | Low | Value | Volume |
43.5¢ | 43.5¢ | 41.5¢ | $184.4K | 434.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 36117 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 53435 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 36117 | 0.420 |
10 | 107251 | 0.415 |
9 | 77850 | 0.410 |
8 | 153100 | 0.405 |
14 | 292388 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 53381 | 14 |
0.430 | 50429 | 5 |
0.435 | 38500 | 3 |
0.440 | 32197 | 2 |
0.445 | 12247 | 2 |
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