Why not 'touch gold'!!! Some nice good old physical gold that was dropped on this Earth in limited quantities over the billions of years that the Earth was developing and being bombarded with meteorites and remains in very limited quantities, unlike the limitless flow of paper currency.
Anyone that calls gold a relic of the past is a fool. It's heavily manipulated and the abundance of data to prove this are for anyone to research and discover (such as the COT (commitment of traders) gold, silver and US index report) which shows huge short positions and explain the artificially low price. All this manipulation to retain confidence in the paper USD whose value is determined by all users confidence in the US economy and its ability to pay its debt.
I think RRL is poised for a recovery and is undervalued at present. It's a stable company with great assets and the SP will recover given some better news and with the rise in gold that will come with the inevitable downswings in the Eurozone, US etc and possible financial turmoil to come.
Why not 'touch gold'!!! Some nice good old physical gold that...
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Last
$2.55 |
Change
0.030(1.19%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.55 | $2.51 | $243.5K | 96.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 11349 | $2.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 43394 | 19 |
View Market Depth
| Last trade - 10.19am 04/12/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
