ORS is amongst a small group of extremely undervalued "little Aussie battlers" that is producing gold and selling at spot.
Gold has been running all week and is reacting to a collapse of the Obama administration handling of a number of issues. To-day we are looking at a total collapse of U.S. Middle East policy under Obama. ISIS has taken a significant chunk of Western Iraq (and Western Syria) and is now advancing on Baghdad. Over a half million refugees are fleeing from Mosul towards Baghdad in the face of advancing terror.
The whole Middle East sounds like a replay of WW11 as Libya, Syria, and Iraq collapse and stirred by a totally inept Obama administration. Ukraine sounds like a small sideshow to all of this.
Am watching US$1,268.50 as a break-out point where the shorts will be forced to buy back their bearish positions. We have been seeing $4 and $5 advances in the gold price that will shortly turn into +$20's and +$30's and race back over US$1,300 very quickly.
When this happens ORS will fly and revenues will soar. Good luck to all longs.
- Forums
- ASX - By Stock
- ORS
- Gold up another US$6 set to fly higher
Gold up another US$6 set to fly higher
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ORS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online