Hi Eshmun, You have previously stated that you have other assets on which to obtain income outside of the share market but not all of us are in that position. At current interest rates there is little incentive to hold cash apart from FUD, with Fear being the predominant driver at present. The gold companies are being savaged presently, along with the market in general, but the POG is holding at a high level (since end of last year). Risk is off. Physical gold is on and gold producers have yet to post results based on this. It seems to me that now is a good time to sell non-gold shares and buy marked down gold producers, especially those with negative or low debt positions and reliable production positions. Some of them even give dividends. RSG does not really fall into the above category despite its dividend history, although it may give a decent capital gain in the short term. What say you?
RSG Price at posting:
71.5¢ Sentiment: None Disclosure: Not Held
(20min delay)