Gold is going to come back and junior gold miners are going to do even better, and this is what they think:
Gold production has cratered. Even the mines that are producing are running low on reserves. And the quality of those reserves is rapidly deteriorating.
Meanwhile, demand is once again skyrocketing in an uncertain global climate.
There's been a $32 billion net inflow to bullion-backed funds so far this year. That's the most since 2013.
Make no mistake, gold and silver, after a few very rough years of decline, are showing new life. And the upswing could potentially rival the bull market of the early 2000s.
If you missed out then, don't miss out now.
Gold is going to come back and junior gold miners are going to...
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Last
$2.50 |
Change
0.020(0.81%) |
Mkt cap ! $2.392B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.53 | $2.49 | $6.193M | 2.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31923 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 119324 | 6 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GMD (ASX) Chart |
