stars are aligning.... RRL is ready to move higher back above $2.4.
1. Gold USD 2006 and AuD 3196 chances of moving even higher . 2. 75k ounces of hedge left. 3. Talk of "cash harvesting" whatever that means. 4. These horrible wars getting worst and feel like it's getting out of control. 5. Central banks are buying gold and selling USD assets. 6. Broken American political systems, sunset of US empire? And the turbulence. 7. No takers of USD bonds... Yields are raising fast.. stagflation? 8. SLR up 7.5% yesterday. Time for RRL to rise?
I am 80% invested in gold. S&P down 10% and I am up 30%.
short term gold is where to park your money.
good luck all
dyo & imo
RRL Price at posting:
$1.72 Sentiment: Buy Disclosure: Held
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