I’m on the same page with you there. If things turn south for whatever reason, I’ll be scaling back my exposure significantly. Locking in profits never sent anyone broke. I’m usually a hold and watch kind of investor, but in this climate trading in and out may be the safe option. This current run has significantly pushed my portfolio into the black from the February drop so can’t complain so far.
As for RSG, I feel currently it’s a leverage play due to the significant upside with an increasing USD gold price. Any operational successes they may have over the next 6 months could make those gains quite spectacular but I won’t be holding my breath. When I see it, I’ll believe it.
RSG Price at posting:
$1.00 Sentiment: None Disclosure: Held
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