well well well GOR down ever so slightly today, but if anyone think this gold run is over, they aint seen nothing yet, today was simply a nice breather for the powerhouse to come, look at gold now up US$13 to US$2012, and have a look at the AUD$ gold price, now thats impressive we are up AUD$30 as i type this to AUD$2760, we were AUD$2550 a couple of weeks ago, this gold run clearly has many more months to fully plan out, i think the big run will happen when the FED CHICKEN OUT, and DONT RAISE rates like everyone expects, that will be a real DOOZEY for the market because 99% of people, i mean sheeple expect the fed to raise rates 3,4,5, times in 2022 to try and fight inflation, which is a joke, because inflation in the US is "officially" 7% even if the FED raise rates to 2%, they are 5% behind inflation, only way they can stop inflation is to raise the FED funds rate to 7%, and if that happen well, the DOW will drop 80% at least, and the US govt will default, because they wont be able to afford to service just the interest payment on their US$30 trillion of debt, + another $200 trillion of unfunded liabilities like medicare and medicaid etc... and govt pensions
I think there is a chance the FED wont raise rates, they will just use the virus and the ukraine conflict as the perfect excuse to leave rates near 0%, which means they will let inflation run, which means gold will just keep going up and up which means one day $2 will be cheap for GOR. selling GOR or gold NOW, is like selling bitcoin at $1,000 before it ran to $10,000 and eventually $63,000
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GOR
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$3.14

GOR Chart, page-259
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Last
$3.14 |
Change
-0.020(0.63%) |
Mkt cap ! $3.411B |
Open | High | Low | Value | Volume |
$3.15 | $3.17 | $3.14 | $15.23M | 4.835M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 27411 | $3.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.16 | 27487 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 27411 | 3.140 |
8 | 80372 | 3.130 |
4 | 27194 | 3.120 |
1 | 500 | 3.110 |
2 | 922 | 3.100 |
Price($) | Vol. | No. |
---|---|---|
3.160 | 27487 | 2 |
3.170 | 25000 | 1 |
3.180 | 53200 | 7 |
3.190 | 4803 | 2 |
3.200 | 14994 | 5 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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GOR (ASX) Chart |