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3.3¢ investigator resources ltd

Sorry enock, but economics is NOT a science and to state a...

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rs250

72 Posts.

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27/10/19

09:54

Post #: 41084784
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Originally posted by Enoch: ↑

Hey Goldfinger, I think Gold and silver will do well in the next couple of years but ask yourself why have Gold and Silver gone for the recent run. It is simply because US interest rates are falling nothing more, nothing less. The FED are meeting this coming week. The market thinks it is locked in for a 25% basis point cut. I think they will, however, there is a small amount of doubt lingering in me that says, perhaps not. If they don't cut, I suspect their will be pandemonium in the broader markets with Gold and Silver hit hard. Not sure it is a give me like the market thinks but expect they will cut. If they cut and in the media brief they announce no further cuts this year Gold and Silver could still come down.

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Sorry enock, but economics is NOT a science and to state a causative affect regarding even the price of tea in China is a fools errand. Fear cannot be quantified, fear is irrational and therefore beyond rational...Gold and Silver resolve some types of fears, not all, but some types, especially the fear of a broken system...

IVR Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.3¢		Change 0.000(0.00%)		Mkt cap ! $52.43M

Open	High	Low	Value	Volume
3.3¢	3.3¢	3.3¢	$18.25K	553.0K

Buyers (Bids)

No.	Vol.	Price($)
1	193007	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	414913	3

View Market Depth

No.	Vol.	Price($)
2	402543	0.033
6	1030250	0.032
1	300000	0.031
5	695833	0.030
5	924000	0.029

Price($)	Vol.	No.
0.034	414913	3
0.035	473018	3
0.036	380019	5
0.037	442603	3
0.038	520000	3

Last trade - 10.39am 05/09/2024 (20 minute delay)

IVR (ASX) Chart