-
24-04-2020, 10:30 AM
#8061
What's the ASX equiv of GDX?
-
24-04-2020, 02:14 PM
#8062
Originally Posted by Entrep
What's the ASX equiv of GDX?
Try the ticker code $xgd_ax Colin Twiggs advises to watch for a break out above 7,200
Good luck.
-
24-04-2020, 02:21 PM
#8063
Originally Posted by airedale
Try the ticker code $xgd_ax Colin Twiggs advises to watch for a break out above 7,200
Good luck.
XGD -7460 at present ... hit a recent low of 5140 in march
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
-
25-04-2020, 10:23 AM
#8064
https://www.bloomberg.com/opinion/ar...?sref=Kf0MXoXH
The Fed Should Go Negative Next Week
To fight a deepening recession, it should take U.S. interest rates below zero for the first time ever.....
Well that should spur USD Gold to break $1800 IMHO
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
-
25-04-2020, 01:44 PM
#8065
Originally Posted by airedale
Try the ticker code $xgd_ax Colin Twiggs advises to watch for a break out above 7,200
Good luck.
Thanks but I meant a ticker on the ASX I can buy? Not interested in miners, just want pure gold price exposure.
Last edited by Entrep; 25-04-2020 at 01:45 PM.
-
25-04-2020, 02:35 PM
#8066
As a newbie to the understanding of where gold fits into the larger investment picture, I found this article by Ray Dalio to be very helpful ...
https://www.linkedin.com/pulse/money...o/?published=t
“Instead of thinking “I’m right”, ask yourself “How do I know I am right?” Find the smartest people to disagree with you so you can stress test your ideas.” Ray Dalio
-
25-04-2020, 08:10 PM
#8067
Originally Posted by Entrep
Thanks but I meant a ticker on the ASX I can buy? Not interested in miners, just want pure gold price exposure.
Pure Gold exposure = PMGOLD.asx GOLD.asx
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
-
26-04-2020, 11:43 AM
#8068
-
26-04-2020, 02:34 PM
#8069
Hi Chippie, gold mining companies don,t always live up to the promotional hype. They have been described as a company which has a fool with a shovel at the bottom of the hole, and a fast talking salesman at the top of the hole . Having said that I hold Evolution EVN : Golden Road Resources GOR, and Saracen SAR, all on the ASX and they are all producing the stuff in a mining friendly country.
-
26-04-2020, 03:42 PM
#8070
Member
I like the "saying" Airedale. I think it is probably right for some but luckily not all. Just have to spread the net wide to increase your chances. cheers
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks