Start the Black thread behind the eye and wrap back to the start of the bend, filling the small gap at the hook's return loop with thread if you like.
Catch in medium oval gold tinsel far enough back to allow six turns, take three loose open holding wraps forward, then wrap six tight touching turns of tinsel toward the thread. Back off the three holding wraps, bind the tinsel down with a few extra wraps and snip.
Build a slight thread bump ahead of the tag so the tail lies flat, then pinch-wrap 12-15 Red hackle fibers as a fairly short tail. Keep these wraps moderate so the fibers stay straight back rather than flaring; snip the butts.
Catch in three strands of Peacock herl at the tail base and wrap a small butt of about four turns up to the thread; bind off and snip, keeping the rest of the herl for the thorax.
Catch in the Gold Mylar tinsel with the gold side toward the hook so gold shows once it is wrapped.
Catch in Red floss up front, wrap it down to the butt and back up so the body has two layers and no black thread shows; keep it as smooth as you can, bind off and snip.
Spiral the Gold Mylar tinsel forward in evenly spaced open turns, gold side out, and bind off. The last turn need not be neat - the thorax covers it.
Wrap three more strands of Peacock herl into a thorax the same size as the butt or slightly larger, wrapping the strands over each other for bulk; a thicker thorax helps the collar flare.
Fold the fibers back on one Red saddle hackle to make a catch-in point, tie it in by the tip and wrap about four turns of long fibers for a full wet collar. Sweep everything back, bind off, snip the stem and push any rogue fibers into place.
Cut two slips of Mottled turkey about body length and less than a hook gap tall, pair them concave sides together, and set them with a loose pinch wrap pulled tight straight up, then a couple more wraps and tight wraps forward to bind the butts.
Optionally add a Jungle cock eye on each side over the wing with tight wraps, matching the two.
Build a little thread bulk behind the eye, catch in one Black ostrich herl and wrap five or six turns forward down the ramp to the back of the eye. Bind off, snip the herl rather than breaking it, keep the eye clear and whip finish.