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Royal Gold is on track to confirm a 6-year breakout on its quarterly chart, assuming a year-

johnNjohnN
edited December 2019 in The Bullpen
https://seekingalpha.com/article/4314576-royal-gold-massive-breakout&source=email_must_read_v4:position_3&ifp=0?utm_medium=email&utm_source=seeking_alpha



Royal Gold: A Massive Breakout


Dec. 30, 2019 2:27 PM ETRoyal Gold, Inc. (RGLD)20


Royal Gold is on track to confirm a 6-year breakout on its quarterly chart, assuming a year-end close above $106.00.
The company's earnings estimates continue to trend higher for FY-2021, with annual EPS expected to come in at $2.75.
While the company has seen some minor setbacks at Mount Milligan and Andocollo recently, the price action and analyst estimates are suggesting this is short-term noise.
I continue to see Royal Gold as a staple for a precious metals portfolio, and would view any 10% pullbacks as buying opportunities.



We continue to hold GLD In our portfolio, probably underweight though
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