Gold Technicals Part 3 - Last one, page-14

yeah i started buying once the usd euro cross hit 1.05x - figured thats about as close to pricing in the us rate rise as possible

however, bit uncomfortable that the cross has now levitated to 1.10 - my spidey sense says the machines will whack it once yellen says go - so i wouldnt go aggressive buying gold direct. just sold my nugt exposure for some small coin and bought vix

regardless -- rsg at $170m mkt cap and $39k debt on roughly ev/ebitda of 3 - thats that good stuff

see the way rrl shot up and then nst and evn with the growth leverage.

rsg should be next cab - static earnings profile but highly profitable and massivewly undervallued. but the static earning sprofile means support is less until market starts bidding up the multiples

lot of moving parts though in gold equities. looking forward to january - should become a little smoother

if you want realy parlay on gold though - nugt is your friend. that will go 28 -100 in next 4-5 months imo

north american golds are now crossing to where aussie golds were 18 months ago