Hi Agent, RSG has been a playing tool for some of the big boys...

Hi Agent,

RSG has been a playing tool for some of the big boys for a long time and todays performance is not different.
But at the end of the day fundamentals will win and the trick is to buy these shares cheap and let them bounce back again hence you will receive a nice profit.

We must keep a close eye on the aussie dollar as at the end of the day that will be where the value comes from for those of us who live here.
The gold price in Aussie dollars is not falling as much as the gold price and we could see history repeating itself where we will be gaining quite a bit as the gold price falls but our dollar even more.

For now we will be dealing with an outflux of foreign capital which would mean a further drop in the share price but this will also herald a buying opportunity for those who live here in AUS.

RSG will survive this mayhem and the gold price will rebound as it always has done.

So the trick is find your entry point and sit back and given time you will reap the benefits.

The black swan will be Ebola to a lesser extend imho , and if anything should bolster the gold price in the long run.

good luck in the challenging times

jojo