RMS 1.89% $2.16 ramelius resources limited

Wow, the golden horse is galloping!! D25 you have called this...

  1. 1,937 Posts.
    Wow, the golden horse is galloping!! D25 you have called this all the way and put up with carp from above. I invite you to revisit at the dow gold ratio since 1900 and see it currently on trend for a potential repeat of 1936 or 1976. else timewise it could possibly be Dec2015. But we will know by first week of Dec2014.

    End of first week in Dec - if silver is above USD$16.7, gold above USD$1190, and DJIA at/below 17300 then a cyclic high in d.g is on the cards. Also g.s ratio should be returning into 20's IMO which makes for an exciting prospect with high percentage PM charts in play. Hence price charts of PM producers would see bases at the same time. I would imagine a scenario similar to Dec2008 - with a potential to buy the bottoms for those not cash strapped.

    A big "if" with decent rewards over 2-3 yrs if it works out. Otherwise the time option is around Dec2015.

    Anyhow keep on keeping on.

    p.s. Since Australia is a large PM producer, expect the $AUD to rise due to an influx of FDI as it has done in the past. The SA Rand (ZAR) is an interesting case for POG and POS since the Aug2011 high. Arbitrage is a world game for the big boys and girls.
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$2.16
Change
0.040(1.89%)
Mkt cap ! $2.494B
Open High Low Value Volume
$2.19 $2.20 $2.14 $6.902M 3.202M

Buyers (Bids)

No. Vol. Price($)
1 221 $2.14
 

Sellers (Offers)

Price($) Vol. No.
$2.16 36399 6
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.