What might you suggest for a replacement for RGLD?
I prefer to avoid SA, due to political problems in South Africa. I'm interested in a mid to large cap company for a replacement, as I have a few juniors.
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Hi Fred,
Even tho I sold my RGLD somewhat higher than current levels, I'm not convinced it won't enjoy a decent run whenever the PoG catches up to the 'elevated' values now sported by many miners, both large and junior.
I got out of RGLD last week simply because I happened to think that the juniors offered a potential better bang for the buck.
Fwiw, I used the proceeds of the 1000/sh RGLD sold @ 24.47 to buy 1000/sh each of WHT, BGO, MNG, GBN, NXG, GLDR, EGO, WTZ, GSS and 3000/sh each of GPXM, CALVF and MYNG and had enough left over to order several large sausage, mushroom and onion pizzas shipped FedEx from Lou Malnatti's wonderful pizzeria/ristorante back in Chicago.
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