Its not about RMS being "manipulated" or whatever as some of HC old fashion gold bugs are suggesting - the whole sector is being re-rated down. SLR true believers keep buying the dip .... like some RMS faithful. I like RMS and believe it would be a great M&A with my main love stock RED5. Meanwhile Bitcoin has doubled again, and the likes of Max Kaiser (former gold bug) has a 2021 price target of ..... US$220,000 ... I kid you not!
And Max is most insistent its NOT a ponzi scheme and its very very safe .... and I have this bridge you also might be interested in. Until the vaccine euphoria abates and the cold hard reality of the debt burdened economy sinks in, along with QE to infinity undermining (pun intended) the US$, gold stocks SP's will flounder well below 2020 analyst's SP targets. How long will this take ..... GOK. I'm strapped in to stocks with great fundamentals that will still thrive with lower POG's. Keep some powder dry.
RMS Chart, page-1119
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Last
$2.35 |
Change
0.015(0.64%) |
Mkt cap ! $2.708B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.37 | $2.33 | $3.441M | 1.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 53232 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 63452 | 42 |
View Market Depth
| Last trade - 13.56pm 04/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |