Merry Christmas everyone!
Adding to this, the external factors have just shifted in our favour:
As of last night, the NYSE is in a bull market, i.e. the POG (in USD) will probably hold if not keep going higher. The shortest bear market in history lasted three months (average: 1.4 yrs). This means, we will see POG (in USD) providing support for at least the next quarter maybe much longer into 2019. Very good indeed to be in gold now.
Further, I would not be surprised if a fund takes a position in RMS very soon. This would be reasonable and is probably standard procedure for them in bear markets. I reckon, RMS would look very attractive for a fundie, especially since there is now a divvie policy.
Good value now, page-13
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Last
$2.05 |
Change
0.010(0.49%) |
Mkt cap ! $2.347B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.11 | $2.04 | $6.948M | 3.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12337 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |