RWS is profitable & not for sale. Operator using talk to PLAY w price After talk, side effect price up 1 - 2 days Just a 1 - 2 days affair ONLY, then drop After few days price DROP back. Maybe DROP MUCH MORE. US economy & finance leads stk mkts INFLATION, MORE RATE HIKES. Mkts & stks may still fall further. It's not even close to the bottom yet.
Yes, Super High Inflation in US Mkt talk maybe 100 pts rate hike July. Asian banks may have more rate hikes Stk mkts may have more challenges. GB may retreat much more. If you want to buy GB, wait. Not even close to bottom yet. When US sneeze, we catch COLD. Who knows how far down mkt may go
More often, customers are saving money rather than spending. Even though gold is an investment tool, the process of selling it back to goldsmiths would require them to 1) appraise condition & value 2) accept or reject item 3) charge commission or reduce value
Profit fr investing in gold coins/items is highly reduced by goldsmiths' charges.
Gold is a luxury, not an essential item Local economy is not doing so well Even rich don't buy often Poor buy little & very low price items Very competitive local mkt for gold Total local mkt vol is rather small Each co vol maintain, but potential ltd If co growth ltd, rev & profit growth ltd Finally, stk price potential growth ltd Price most likely wont go up much Stuck in a certain range. This industry is not a high growth one
Several exchanges in US alone. Even different types of exchanges. Biggest exchange in the world is US. Biggest, highest vol, most advanced World's biggest cos are all in the US World's top 5 richest are all in the US Biggest EV Co in world is Tesla in US The list goes on and on ... Aiyo, how to compare US & here.
But you can still buy/sell US stks here Go make millions quickly in US mkt. Then, come share yr success story
Any disease for that matter may kill. covid is a current disease, yes, endemic Most didn't contract covid, but their mental state contracted covid So, can only talk abt covid Mkt is neg, so use covid spread neg !
World No 1 KILLER is heart disease. Covid is FAR BEHIND.