YEs gold production is forecast to fall around the world due to things like covid, rising input costs, supply chain issues, recession etc .what do you think that does to the long term forecasts for the price of gold?
And what about the worlds largest producer (China) basically being in lockdown?
What is that going to do to world supply?
It's not like demand is going to get any less.. why would it? With other assets inflating away in real term value..
(Thinking about all this I have just upgraded NST to a buy...)
We need to think out 2-3 years not 2-3 hrs..
All Just MO (of course)
So if you bought 5 years ago you are back there, page-28
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Last
$14.29 |
Change
-0.060(0.42%) |
Mkt cap ! $16.42B | |||
| Open | High | Low | Value | Volume |
| $14.10 | $14.70 | $14.01 | $85.83M | 5.995M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23973 | $14.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.31 | 12891 | 5 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |