Tue, Jul 29, 2014, 2:06 AM EDT - U.S. Markets open in 7 hrs 24 mins

Recent

% | $
Click the to save as a favorite.

Royal Gold, Inc. Message Board

  • Just checking in to see if a little reality had set in at the Denver HQ. Wheaton and Goldcorp making news and the hotest thing on the Royal calendar is casual Friday. Anything shaken'?

    b.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • in case you thought you made a mistake, the good folks at the gss price control office have kindly kept the price within a 5 cent range since noon Monday. Yesterday's hammer marks the bottom and despite the recent downdraft, the technicals are not too bad showing a positive divergence on the Sto.

      http://stockcharts.com/def/servlet/SC.web?c=GSS,uu[w,a]daclyiay[db][pb50!d20,2][
      vc60][iUk14!Up14,3,3]&pref=G

    • this divergence is troubling me too, and every other gold investor.

      http://www.kitco.com/ind/swanson/dec062004.html

      I don't like this guy's ta but he does make a point that he did not intend, the price relative has not formed the top that the previous two examples did but his article talks as if it's the same thing all over again. On the headline, he is right that the xau did not make new highs as gold did, but unlike the other two major divergences, this pog rally is getting into break out territory above that 8 year old cup and handle formation. It's a different world above the handle and he did not recognize it. Neither did all the old gold bugs who have been stung so badly for years in a gold bull. The top callers are convincing themselves they understand the pattern now but they are just going to miss it if they do not buy this weakness. This is a new pattern starting in gold stocks and the mark up phase of the pog run will create new patterns too.

    • I have 90 cents profit on the CL I purchase earlier today. Maybe i need to sell and buy back gold :-)

      Gold moving now... My selling was a clear signal to load up I guess.

    • I am bother by the nagging divergence between gold and PM stocks. Either gold is headed for $430 or PM stocks are underpriced. I do not have any conviction either way right now. So took my candy money profits and continue to wait for better direction or prices. The action in NEM really bothers me.

      Thx,

      Ed

    • ya it's like watching paint dry, good luck ed. It looks like someone with a fat ass is sitting on gsc, satyed at one price for 75 minutes. That's an amazing piece of work. I think there are hedge funds on both sides of the gold stocks so soon one side will lose.

      I am holding because I have strong conviction there will not be a downward correction.

    • Taking some small profits...just 5,000 shares of GSS only position in gold. Switcjing to consumer non cyclicals and BRKB. Aye! FRUSTRATED

    • Morning Bog, No I can't say anything is happening in Denver so we are not letting the board go to waste, talking about lots of stocks.

    • Reb, with all these mergers between PM stocks what do you think about the possibility of someone targeting GSS? Obviously some wishful thinking on my part. However, GSS is fairly unexpensive while gold companies properties are pretty hot. Thoughts?

      • 2 Replies to edfiggy
      • ok I'm confused from trying to avoid all those spring mergers, Img is now left at the alter again? Did GSS try for img or was that wrm? anyway maybe the idea of gss and img would work again but holy crap, they need to take a break from these imposible deals and wait for a major to pay up big time.
        JMO

      • I know you guys traded GSS. I own about 10,000 shares at $3.89 and beleive the upside potential is greater than the risk. What are your thoughts about this security? How about the question I asked Reb? Thx.

        Reb, with all these mergers between PM stocks what do you think about the possibility of someone targeting GSS? Obviously some wishful thinking on my part. However, GSS is fairly unexpensive while gold companies properties are pretty hot. Thoughts?

 
RGLD
78.58+0.51(+0.65%)Jul 28 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.