If gold tanks our boys will look pretty damn clever. There are multiple scenarios for gold and the economy has never been less certain..
I think people here are not considering how close to total collapse the system really is. I was reading today that if a situation in the bond mkt arises you will have gold back to $1100 U.S.
Not for long you wouldn't expect, probably a great buying opp.
And this is my theory. You park some coin here and it becomes like a double edge investment.. Gold tanks, and we can talk up the hedge (and have a viable business strategy). Result-RMS losses are relatively less than its peers..
At this point the unhedged majors start to look real cheap.. wait for the talk of moth balls and much blood and initiate switcheroo into a very cheap major...
The other scenario is that gold keeps going.. well that's still good.. RMS is a growth stock also.. multifaceted.
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4 | 72964 | $1.92 |
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Price($) | Vol. | No. |
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Price($) | Vol. | No. |
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