Yes. If the gold price surges the circus tent will fill up and ticket prices will go up.
I've made some comments on the gold price move in the below post on another thread for anyone interested.
https://hotcopper.com.au/threads/the-move-towards-2-again.3636801/page-293?post_id=30278633
I personally don't believe we can have a real earth shaking rally in gold stocks (unless gold joins the "everything" bubble) until things like the major US stock indexes test their 200 day moving averages. No sign of that at the moment.
In the meantime I love holding gold stocks because they still make money. Esh
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Last
$17.51 |
Change
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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 |
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