persoanally, i think RGLD is all set up for a major move that should bring it way over $60. the stock has been building cause to for this upward push, over $52.50 and we should see $60. this has to be in the top 5 company's in the gold sector.
for the record, i have been long this equity since $8 per share years ago. i am long the same 800 shares that i started with back then.
I agree but the price target looks a bit higher to me (swing rule based on pattern involving $55 high and $42.50 low) once RGLD breaks out of this pattern it will shoot up to about $65 to $68 fairly quickly for the short term....As gold goes up RGLD should do well....
Some folks are frustrated seeing it zig zag sideways for some time but that is the nature of stocks and you need patience