When I see discussion about big volume I like to dig into it, which almost always relates to index rebalances.
I did toy with a RED purchase in the low 20s earlier this year but timing/funds didn’t quite align. WGX was my chosen vehicle this year for A$ gold price out performance and thankfully that has worked pretty well.
African miners outperformed in the last bull market and I believe this will be the case in the next.
RED Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held