Gold price is going higher, SBM has the lowest debt to cash ratio of any major gold miner, followed by Regis and North Star. Money flowed into the dollar in 2008 and this time money will flow out. Fed has two options, drop rates to inflate output (bubble), crashing dollar (good for gold), or raise interest rates, prick bubble, allow resources to reallocate from unprofitable investments into productive investments (sovereign debt crisis, again good for gold). Make no mistake, this will be the greatest gold bull market in history. Anybody selling is stepping over gold to pick up dollars, good luck.
Gold price is going higher, SBM has the lowest debt to cash...
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
35.3¢ |
Change
0.003(0.71%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.5¢ | 34.3¢ | $831.3K | 2.383M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 613386 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 882751 | 37 |
View Market Depth
| Last trade - 13.58pm 22/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
