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.
ORS Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
