Yep esh, I'm going with the Sake and Cocaine theory of yours, which is particularly insightful and a great comment, and in this crazy world, you never know - it may actually be right. Or perhaps Sake and Medical Cannabis.
Either way, it looks to be a great buy for NST.
FWIW, no-one knows where the price of gold is going, but we all have theories.
I'm looking at the massive gold shorts in the USA (almost the highest in history), and they have to be covered, and will be.
I expect a bounce to about USD $1,260 during the covering, but unfortunately with the strong USD and the USA economy in a large growth phase (at least for the next 2 years or so), I'd then expect gold to head back to around USD $1,050 or so.
Gold bugs might want to make sure they have a little cash on the side, just in case.
Only time will tell who is correct with their guess for the future of the gold price. And what makes it more difficult to predict, is the way the international gold market is fundamentally manipulated.
Gw
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Last
$17.51 |
Change
0.140(0.81%) |
Mkt cap ! $18.16B |
Open | High | Low | Value | Volume |
$17.48 | $17.55 | $17.28 | $26.79M | 1.534M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2751 | $17.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.52 | 36039 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 45378 | 9.020 |
6 | 72217 | 9.010 |
4 | 47094 | 9.000 |
7 | 65586 | 8.990 |
8 | 105898 | 8.980 |
Price($) | Vol. | No. |
---|---|---|
9.040 | 46480 | 7 |
9.050 | 128028 | 11 |
9.060 | 115189 | 10 |
9.070 | 48533 | 4 |
9.080 | 64340 | 6 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
NST (ASX) Chart |