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Royal Gold Inc RGLD

Royal Gold, Inc. is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. The Company's segments include Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. The Acquisition and Management of Stream Interests segment includes a metal stream, which is a purchase agreement that provides the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. The Acquisition and Management of Royalty Interests segment includes non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any. The Company owns interests on approximately 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects.


NDAQ:RGLD - Post by User

Bullboard Posts
Post by nopoo2on Nov 19, 2014 8:33am
162 Views
Post# 23142971

Golden Dragons Grand Strategy

Golden Dragons Grand Strategy

Richard (Rick) Mills

Ahead of the Herd

As a general rule, the most successful man in life is the man who has the best information

Zheng Bijian, a leading Chinese intellectual and reformer said: “The most important strategic choice the Chinese made was to embrace globalization.”

China has made a new most important strategic choice – Asian Regionalization.

In the past few years, both Chinese and foreign analysts began to reach the conclusion that China has developed a fairly consistent and coherent grand strategy… Because economic development is taken as the only way for tackling all the pressing challenges that China is facing and will face, China’s grand strategy must serve the central purpose of development. Therefore, the central objective of China’s Grand Strategy in the past two decades (which may well last to 2050) can be captured in just one sentence: to secure and shape a conducive environment (security, economic, and political) so that China can concentrate on its development (economic, social, and political).” Tang Shiping and Zhang Yunling, China’s Regional Strategy

Today, trade with the United States, the European Union and the rest of the West is not the priority it use to be for China. Today the SCO (aka the Asian NATO), chaired by Russia and driven by China, has been ramping up its attention towards expansion and economic cooperation among its members.

That little nugget of information is going to have huge consequences for gold’s price. Let me explain.

https://aheadoftheherd.com/Newsletter/2014/Golden-Dragons-Grand-Strategy.htm

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nopoo

Bullboard Posts