yes I get that Adam and good timing and management on your behalf. Some gold stocks are very eratic or volatile and unstable long term. Its all about entry and exit points.
If the world does enter a recession, all past indications the gold price crashes. I think a recession will hit australia in December and maybe a world recession is sometime off.
Maybe gold might be different this time because the ease of entry with technology enhances access to the market. If I look at the market shock in covid gold initially only dropped 11% Feb 2020 to March 2020, This could be an indication of how gold would react in a recession.
The suspense is killing me, page-42
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Last
$1.94 |
Change
-0.028(1.40%) |
Mkt cap ! $2.217B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.96 | $1.93 | $2.041M | 1.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 21749 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 16448 | 31 |
View Market Depth
| Last trade - 14.50pm 03/06/2024 (20 minute delay) ? |
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Last
$1.94 |
Change
-0.028 ( 0.54 %) |
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| Open | High | Low | Volume | ||
| $1.95 | $1.96 | $1.93 | 400338 | ||
| Last updated 15.03pm 03/06/2024 ? | |||||
| RMS (ASX) Chart |