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Gold stocks are looking better than the metal for the first time in more than two years, which...
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Tuesday, August 14, 2012, 11:18 AM ETGold stocks are looking better than the metal for the first time in more than two years, which bodes well for both, Barron's Michael Kahn writes. Significant recent one-day price reversals in major gold stocks Barrick (ABX), Newmont (NEM) and Goldcorp (GG) suggests that after a long decline the bears have used up all of their energy, he says, improving their risk/reward profiles.
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GG is red
Capt. Brian
The Lost Navigator
All you need to know. Earnings will be way up second half from first half.
And among those buying at price over 19 was the general counsel. Most legal experts in the sector believe CDE will win its current litigation against an opportunistic claims jumper handily. Litigation likely took two points or more off the stock price while it was unresolved. Should be resolved by mid-November.
I agree with you that those who don't like particular stocks should not buy them. Neither should those who don't understand them.
of institutional ownership of any company stock, that is a minimum
starting point for most real investors. Your trading mentality will likely get you into trouble. But all the best to you in any case. Oh, and I will put my knowledge of stocks and markets up against yours anywhere anytime excluding insider information of course.
Leveraged so currencies will have to devalue against gold prices.....