NST 1.62% $17.61 northern star resources ltd

It wasn't long ago you were completely off the sector, didn't...

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  1. 11,185 Posts.
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    It wasn't long ago you were completely off the sector, didn't own a gold stock.

    You don't get more tangible than gold.

    The guy below was discovered clutching some gold in tomb that dates back 6600 years. I'd say its value in that prehistoric society was very high considering he went to the afterlife clutching it. Are the pimple faced idiots and novice investors buying bitcoin going to be buried with their electronic wallets only to have them exhumed 6600 years later and found to still be worth something? You have to laugh at the Ponzi schemes that happen at the top of markets. And make no mistake, technology metals are a bubble as well. Western equity investors are just being duped by the cartels that control the downstream refining and sale of the metals. The future is not bright for the miners of these metals. Their contracts are tied to the price of an expanding volume business of end products with a declining price and the competition for the supply of the abundant raw material is just gathering pace thanks to the speculators drawn into funding the mine development bubble. Lithium miners will go the way of the magnetite mines in WA and the junior iron ore miners. A nice dream while it lasted. Esh

    old gold.PNG
 
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Last
$17.61
Change
-0.290(1.62%)
Mkt cap ! $18.16B
Open High Low Value Volume
$18.00 $18.14 $17.40 $158.2M 8.956M

Buyers (Bids)

No. Vol. Price($)
1 6356 $17.58
 

Sellers (Offers)

Price($) Vol. No.
$17.62 55910 4
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
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