RMS 1.30% $2.27 ramelius resources limited

safe place to be, page-47

  1. 15 Posts.
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    Gday guys,

    Just joined the RMS clan. Had my eye for a little while on this one and I think now was a good time to stock up.

    I haven't sold any of my stocks during this fall as I don't sell good business based on price irrationality and i dont own any specy ones. I have been mostly in iron ore, it and mining services but I feel now is a good time to pick up some gold producers.

    Im confident that this instability will continue for a while yet and gold has already shown it is the prefered safe haven for investors.

    Gold stocks tend to lag a little behind the gold price so im not concerned. Once investors calm a bit then I think gold producers will soar especially if the gold price stabilizes at these levels and people realize that record profits are inevitable from the goldies.

    cheers
 
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