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precious metals investing with RS Resources

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  • precious metals investing with RS Resources

    To have a public record of track record of Rs Resourcs in trading precious metals.

    They are very big on "physical", which means you have a lot of fees for transport storage etc.
    The only reason to trade with them would be the superior knowlege they claim to bring.

    I bought 10 oz bar of Pt in february, then another one min Mid march.

    As of May 1, the plan was to hold the Pt for 6 months, sell with profit, possibly
    invest in Silver at that time.

  • #2
    Re: precious metals investing with RS Resources

    Originally posted by Polish_Silver View Post
    To have a public record of track record of Rs Resourcs in trading precious metals.

    They are very big on "physical", which means you have a lot of fees for transport storage etc.
    The only reason to trade with them would be the superior knowlege they claim to bring.

    I bought 10 oz bar of Pt in february, then another one min Mid march.

    As of May 1, the plan was to hold the Pt for 6 months, sell with profit, possibly
    invest in Silver at that time.
    their website makes it look like a royalty/streming co., if so why pick them over the other royalty and streaming companies?
    you describe buying physical from them, but that's not what the website addresses at all.

    if it's to hold/trade physical, why pick them over goldmoney or bullionvault?

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    • #3
      Re: precious metals investing with RS Resources

      Originally posted by jk View Post
      their website makes it look like a royalty/streming co., if so why pick them over the other royalty and streaming companies?
      you describe buying physical from them, but that's not what the website addresses at all.

      if it's to hold/trade physical, why pick them over goldmoney or bullionvault?
      They say explicitly they are a royalty/streaming company on their website

      "By providing upfront financing to established producers and explorers, RS Resources has secured streaming, royalty and equity positions generating free cash flow and tremendous upside."

      From the viewpoint of the mine, this is what we used to talk about around here as the mine's hedge book, selling future production at a defined price today.

      When the gold price increased consistently from 2000 to 2012 we talked about mines unwinding their hedge book because they were missing the price gains and wanted to capture the higher prices.
      Perhaps we should take note that miners are now more willing to increase their hedge books under the new name of "royalties and streaming"
      It might mean big gold miners expect prices to drift down over the next few years, so they are happy to lock in a price now for delivery later.
      Of course, those very same big miners were caught dead wrong ten years ago about the future price of their gold.





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