The red line has to move higher (red line is GLOBAL M2 2 year percent change in US dollar terms) to provide the world with enough USD cash to buy the massive US debt for sale in 2024. This is the DXY falling to at least $90 (green line moving higher), the DXY is currently near $101, yes a big move DOWN is required early in 2024.
Gold (and silver, bitcoin, oil) move higher after fast growth spurts in Global M2 (in US dollar terms) as this is debasement of the fiat currency.
If the US dollar does not fall, every thing else will, not something that is wanted in a US election year.
The red line has to move higher (red line is GLOBAL M2 2 year...
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.3¢ | 16.3¢ | $453.3K | 2.689M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 453142 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 265038 | 5 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
0.000 ( 3.03 %) |
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| Open | High | Low | Volume | ||
| 16.5¢ | 17.3¢ | 16.3¢ | 855506 | ||
| Last updated 15.56pm 06/05/2024 ? | |||||
| SVL (ASX) Chart |