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Aggressive Chinese gold buying is "a big secular trend that's not going to end in 2010," Jim...

Dec. 03, 2010 4:44 PM ETNovaGold Resources Inc. (NG) Stock, NG:CA StockAEM, NGBy: Carl Surran, SA News Editor2 Comments
Aggressive Chinese gold buying is "a big secular trend that's not going to end in 2010," Jim Cramer says, adding that with gold in short supply it could rise to $2,000/ounce. His favorite stocks to play the metal are NovaGold (NYSEMKT:NG) and Agnico-Eagle (NYSE:AEM). Chinese demand also is lifting copper prices, he says, which would benefit Freeport-McMoRan (FCP).

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