I think a lot of people would be concerned that once the US election is over, and if war in the middle east dies down a bit (unlikely), that gold may drop just as quickly as it has risen. I'm sticking with my plan of selling 5% every time it goes up 5%, next stop is $2.89. In theory i can keep doing that forever. If gold keeps going up, eventually the share price will catch up. its only been two weeks i think since it hit $4000 an ounce, now up to $4230, that extra $230 an ounce is worth around $90m-95m a year by itself, which is a lot for a $2b company.
RRL Price at posting:
$2.74 Sentiment: Sell Disclosure: Held
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