Gold off nearly $100 overnight should come as no great surprise to anyone
Nothing can keep going up in a straight line and Donald (the peacemaker) Trump is the latest excuse for many to lock in short term gains.
The reality is that there is still too much money printing, politicians don’t really care about inflation (if they have to restrict their vote buying give aways), war will continue and Western World debt levels unsustainable.
Gold is going much higher after this correction, as will OBM imho
i can see $US gold coming back to ~$2400 and the OBM price correcting back into the 70/75 cents trading range…. at which level I feel they would be excellent longer term buying.
The outlook for OBM is just so positive, particularly during 2025 as operations are ramping up and that larger scale exploration activity commences in locations like Mulline.
Gold off nearly $100 overnight should come as no great surprise...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
67.8¢ |
Change
0.003(0.37%) |
Mkt cap ! $1.285B | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 69.0¢ | 66.5¢ | $684.8K | 1.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 29458 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 95152 | 25 |
View Market Depth
| Last trade - 11.26am 13/08/2025 (20 minute delay) ? |
| OBM (ASX) Chart |