Sept. thru Oct. will be a time of uncertainty and the markets do not like uncertainty.
Nov. elections could lift some of the uncertainty but that's another 3 months away from now.
One Gold stock that I am currently watching is closer to 52wk lows than highs.
Its symbol is (GRS) and it has a forward PE of 12 based on current spot price of Gold.
Recent news on (GRS):
- Gammon Gold Announces Discovery of New Drill Target at the Venus Project and Provides an Update on the Continued Progress at Guadalupe y Calvo PR Newswire(Tue, Aug 17)
- InPlay: Gammon Gold announces discovery of new drill target at the Venus Project and provides an update on the continued progress at Guadalupe y Calvo Briefing.com(Tue, Aug 17)
- Professional Research on Eldorado Gold and Gammon Gold -- Gold Safety Play Status Remains Marketwire(Tue, Aug 17)
- UPDATE - Gammon operating profit lifted by gold price
- at Reuters(Tue, Aug 10)
- Gammon Gold Reports Second Quarter Financial Results and Reports Positive Earnings Before Other Items with Improving Operations Reported from the Ocampo Mine
- PR Newswire(Tue, Aug 10)