OXR oxiana limited

Gold stands at $402 US and ounce and in my opinion has a huge...

  1. 293 Posts.
    Gold stands at $402 US and ounce and in my opinion has a huge upside maybe testing resistance at $425 and then it's up up & away. The US interest rate rise next week of 1/4 or maybe 1/2 % is a give me, but I think the US will have a short rally but most markets have already taken this into account. The long term outlook for gold is very bright the US deficit continues gettting bigger by the day and some day it will have to be addressed, and not by printing money as they have been for years. Golalways has been the safe haven and will continue to be in the foreseeable future....so the OX and other gold shares will be good investments.
    Kumbia
 
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