Sunday, 10 June 2007

Is Royal Gold Inc washed out?

If this is the bottom for Royal Gold there is no other company that I would rather hold. The Williams R suggests it's oversold. This gold royalty company is the prince of gold stocks. It will either be a long hot summer in which this one does very little or an exciting ride into the late thirties with a fall in the Dollar and the consequent rise in gold. Royal Gold is all about leverage to gold. The big money in New York have still not sniffed out this company fully yet. When they do, maybe in a year or so, expect a three figure share price.
Do your own research. This is not investment advice.

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About Me

I teach Film, Media and English Lit.