TCB, I think hedging is what is holding RMS back. I'd be looking at stockpiling . Brexit, the result of the US election, potential for US interest rates to not only remain on hold, but fall, the build up of Russian armaments throughout Europe. These are massive catalysts for a gold spike. That's not taking into account the current stance by the Chinese on gold, and where it may take the world in the future. I've read 2 pieces in the last week that see gold going to US 10,000 in the next 5 yrs. They're opinions, and may be complete B/S, but right now, we're living in a very uncertain world, and that's a breeding ground for a high POG. It may collapse, but for now I'm firmly in the saddle. Giddyup. GLTA.
Ann: Ramelius to Commence Stope Production at Vivien-RMS.AX, page-30
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$1.94 |
Change
-0.020(1.02%) |
Mkt cap ! $2.220B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.95 | $1.89 | $3.558M | 1.847M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8502 | $1.94 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 20000 | 1 |
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| RMS (ASX) Chart |