TSXV:OSU.H - Post by User
Comment by
Tradesmanon Dec 23, 2008 1:02pm
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Post# 15664083
RE: GOLD DEMAND
RE: GOLD DEMANDThere's no question that gold is headed higher in the New Year and OSU will ultimately benefit from this.
I don't understand the current share price, but as they say: "The markets can be irrational longer than you can stay solvent", so I'm not going to worry about that.
If you're able then just hang in there, because timing is difficult. However, a rising tide lifts all boats and the tide is definitely turning.
The financial mess is not even half finished yet and gold is finally showing its true worth as a store of value. This time, it's investors buying and not jewelers, retailers, etc. That is very significant. The gold cartel is still at work trying to keep the price down and save their own necks. I don't think even they have the resources any more to do this, but it will get ugly before it's finished.
My impression is that we've never experienced anything like this in our lifetime and all bets are off as to how it will play out. Right now though, I'm studying my history books.
Good luck to everyone and a very Happy Christmas & New Year to all OSU followers!
Tradesman.