Ha sorry couldn't resist.
I think you are exactly right.
US debt is well over 20 trillion dollars. I don't even know what that looks but if you consider that 62,000 per citizen you don't have to to be stephen hawkings to see we have problem
Source: http://www.usdebtclock.org/
Trumps will likely engineer the worlds largest hyperinflation of the US dollar that has ever occurred. 13 trillion of gov debt does not seem that bad when it turns into a weeks wage.
We could turn to the Euro but its screwed too. Spain and Greece are a mathematical certainty for collapse and after brexit german stability alone will not be enough.
I don't it will matter what currency is used although the little Aussie dollar may see some support again.
The Gold price rockets at the same price ( or even more ) as hyper inflammation as investors become desperate to consolidate real wealth into some sort of value that stood the test of time better than anything else.
Why anybody does not have at least a decent holding of good solid Aussie gold miners is beyond me
Yes, any rush to gold is good for NST, particularly with it's high growth and yield forcasts and that it carries no debt
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Ha sorry couldn't resist. I think you are exactly right. US debt...
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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 |