Yes, it has happened during previous equity market crashes. Including the COVID crash, when PMs were sold off HARD in the early stages of the market mayhem
Are conditions the same now that they were then? Nope. During previous crises, the central banks responded by loosening monetary policy and government's released massive stimulus. This si what caused PMs to boom (gold reached highest ever price in the months following the Feds shift to ZIRP.) In the current high-inflationary environment this is no longer a feasible policy response. If the market's crumble, their hands will be tied and PMs will be smashed hard.
- Forums
- ASX - By Stock
- BML
- SILVER Price - The Coming Gold Standard
SILVER Price - The Coming Gold Standard, page-658
-
-
- There are more pages in this discussion • 1,110 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 BML (ASX) to my watchlist
|
|||||
Last
8.7¢ |
Change
0.006(6.75%) |
Mkt cap ! $20.30M |
Open | High | Low | Value | Volume |
8.0¢ | 8.7¢ | 7.8¢ | $25.93K | 318.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 359121 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 52270 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 359121 | 0.082 |
2 | 44284 | 0.078 |
1 | 131578 | 0.076 |
1 | 10000 | 0.075 |
1 | 100000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 52270 | 1 |
0.087 | 5450 | 1 |
0.095 | 16930 | 2 |
0.099 | 5100 | 1 |
0.100 | 94139 | 6 |
Last trade - 12.28pm 15/08/2024 (20 minute delay) ? |
Featured News
BML (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online