GOR gold road resources limited

well well well GOR down ever so slightly today, but if anyone...

  1. 11,179 Posts.
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    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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(20min delay)
Last
$3.16
Change
-0.005(0.16%)
Mkt cap ! $3.416B
Open High Low Value Volume
$3.15 $3.17 $3.14 $9.031M 2.861M

Buyers (Bids)

No. Vol. Price($)
25 90258 $3.15
 

Sellers (Offers)

Price($) Vol. No.
$3.16 213603 72
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Last trade - 14.27pm 31/07/2025 (20 minute delay) ?
GOR (ASX) Chart
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