$RGLD is a royalty company that invests, acquires and manage precious metals royalties and streams. The very strong technical chart suggests it's an ideal play to capture upside in gold while keeping risk low. Their margins are typically much larger than explorers and producers, which allows them to thrive even during gold bear markets, which explains the...
This chart shows the year to date performance of gold vs gold stocks. We see that gold stocks of all kinds have outperformed gold itself. GDX is an ETF of larger, more established miners; GDXJ is an ETF is an ETF of junior miners. RGLD, SAND, and FNV are royalty stocks, which are basically firms that invest in other mines in exchange for a share of their output....
Some charts are broken, others are difficult to understand, some are messy and others are beautiful. This one is beautiful. Respects trend lines, fibs, divergences, or anything else that traders use I guess to place their bets. For me it's just polarity perfection. The way support becomes demand and vice versa. So far price is following the path of a bearish...