haha i like this topic
as i said im looking to buy my gold exposures the day before dec fomc meeting. id largely liquidated my holdings but...
im down hard on a very silly sar buy at 1.47, and mildly down on svl. still holding kin, and been buying big options positions in 2 PM juniors
its a good time for the low correlation juniors imo - but tough time to hold the high correlation producers.
oh - and i still have not sold one edv.to share
a stock now proving what i maintained all along - that 350koz expansion coming online is going to make edv.to the best 3 year gold stock globaly imo - in terms of risk/reward - though i think my rsg call will still deliver the highest % returns
but rsg needs to unlock some output expansion to outperform again on the next leg for gold.
but it will be close. edv.to could easily be $100 stock if gold reaches $1500us. certainly 60-70
but its all on inflation data now. if inflation fears start rising more, gold is going to fly.
but data isnt conclusive yet
if it does - all those new home buyers in sydney and melbourne are going to feel the pangs
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haha i like this topic as i said im looking to buy my gold...
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