Australia's largest stock trading and investment forum Australia's #1 stock forum

XSO

Click for more information

0.45%

3,123.0 s&p/asx small ordinaries

The Brains Trust - 2024, page-1506

First 1506 Last

Share
Profile

Follow
snout

4,037 Posts.

521

09/07/24

14:42

Post #: 74673087
Share

Originally posted by 64eheh ↑

first........Gold and silver are in a continuing BULL market right now that started in the 70's.

look at our XGD, XGD etf on gold, HUI, SIL, Live gold price and live silver price..........all look very close to me.

Also check out the weekly on live Silver............looks to be repeating October's 2010 pattern. Breakout above US$32 indicates thin trading zone............(rocket ship time above $32)

look at 45 yr chart on silver and 60 year chart on gold and you will see the BIG picture.....

also ask snout, he was in sydney a few weeks back..........he should have see the queues outside the jewelry stores by asians..........they are queuing for the stuff in sydney town.

also, consider looking at money from a house's perspective. Pretend you are a house in Australia/canada, and other places........and you see how much folk are paying in dollars now to buy you now, compared to the 80's............Look carefully and you will see fiat money destruction.

.

Expand

Strong retail buying of gold noted in China, India and more recently Vietnam and Thailand.

XSO Value at posting: 2,993.8
4 Upvote

0 Great analysis

Reply

Top Stories

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

First 1506 Last

Add XSO (ASX) to my watchlist

SPONSORED BY