What Makes Golden Star an Explosive Gold Stock for 2008? [View article]
I like the risk/reward prospect with GSS. If they come through and increase production, the stock easily doubles. If they run into more technical issues, it continues to trade in the low $3's and maybe loses 20%. So with upside of 100% or greater and downside risk at no more than 20% (IMO), I am buying on any dips towards the $3 mark. Long GSS.
Our Favorite Stocks to Watch as the Gold Bull Kicks Back into Action [View article]
I am not avoiding silver. I am a huge fan of Silver Wheaton, which is a pure play on silver and included in our list of recommended stocks. I read both Ted Butler and Jason Hommel and agree that silver has some promising fundamentals. However, I expect gold to outperform silver during recessionary periods, which we should be approaching soon (despite rate cuts). Gold is more widely seen as a store of value and hedge against a declining dollar, while silver's price rise may be somewhat suppressed by declining industrial demand from a cooling economy, particularly developing nations. I could be wrong, but those are my thoughts.
What Makes Golden Star an Explosive Gold Stock for 2008? [View article]
Our Favorite Stocks to Watch as the Gold Bull Kicks Back into Action [View article]