Million dollar day for RAMcap
June 8, 2021
Judicious selection of copper and gold stocks has contributed to an unrealised gain, pre-tax, today for the holders of RAMcap’s ordinary shares of $1million+. RAMcap has assembled a shareCFD portfolio comprising a dozen gold and copper stocks which are listed on ASX and TSX.
Relative to the S&P 500 Index, commodities in general are cheaper today than they have been in 100 years. Only in the depths of the Great Depression and at the end of the dying Bretton Woods Gold Exchange Standard did commodities reach this level of undervaluation relative to equities.
It is the view of the investment committee of RAMcap that increasing exposure or achieving a dedicated exposure to an unloved asset class like natural resources simply makes sense from a diversification standpoint.