ANS 0.00% 1.7¢ austsino resources group limited

Marco economics aren't great. Quantitative tightening by the...

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    Marco economics aren't great. Quantitative tightening by the FED, 1 x quarter of negative growth (and a 2nd is about to be confirmed which confirmed we are in a recession), inflation continues to grown (next FOMO meeting on the 15th of next month - we need to see it below last meetings 8.1%), interest rates being increased to curb inflation. Due to these risk on assets wont do well. People prefer to be in cash atm. At this point it would nearly be impossible to sell ANS OM. IMO buyers would step up if people were willing to sell at 2-3c. Anything over that the risk v reward is too big.

    I agree @Praetor - We are currently waiting at the red light but we are in poll position. Patience will pay off for ANS holders.

    A point to consider - Mid term elections are in November. Monetary policy will be at the forefront of the mid terms. The Democrats and Biden may have no option but to turn the money printer back on to ensure they don't have a sitting duck president.
 
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