When you correlate the drop in the GOLD price with the fall in the price of GOLD stocks, it is quite obvious that "deriative" players, are exploiting the leverage on knowledge they get, by staying up all night.
Sorry, I like to sleep before I go to work, and think some GOLD companies boards do too.
That's why NST, RRL, OGC, just keep digging the stuff up, without any announcements.
RRL, NST, OGC directors have actually had a gold bar in their hands, when the punters have only
held a gold coloured $1 or $2 coin. Holding a gold bar or physical silver is amazing.
Because of the density, Gold(Au) absorbs warmth, and Silver(Ag), conducts heat.
INDIA is an expanding economy. As tradition requires, January/February have high demands on
silver/gold for traditions ingrained in their culture. Given the growth of the Indian economy, the middle
class will now be able to but GOLD rather than silver.
Newcrest, RRL, NST, OGC, get spanked on the ASX, big deal. They keep digging it up.
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$15.90 |
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Mkt cap ! $18.16B |
Open | High | Low | Value | Volume |
$16.23 | $16.23 | $15.89 | $28.19M | 1.757M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 9551 | $15.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.90 | 1600 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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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