Gold Stocks

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  • dmk112
    Senior Member
    • Nov 2004
    • 1759
    #1

    Gold Stocks

    Looks like gold stocks have been making a move last couple of weeks and after a brief pullback broke out again today. Some of the stocks I'm watching in this sector are:

    BVN, WHT, AAUK, NEM, ABX

    Thoughts anyone?
    http://twitter.com/DMK112
    Tags: None
  • Michaelk005
    #2
    WHT is an excellent pick, It will soon enough be Canada's largest minner, It is also going to be a smoothe merger with Imagold. Look at DROOY for a penny play in the minning sector. ITs slipped of late but should pull back nicely.

    Comment

    • canaveraldan
      #3
      Do gold mining stocks increase with the price of gold during periods of high political tension such as China invading Tiawan or other possiblities?

      Comment

      • noshadyldy
        Senior Member
        • Sep 2003
        • 539
        #4
        Got Gold?

        Hi there,
        I've traded golds in the past and must say that WHT never made me much. Might have been timing though, don't recall. NEM is an expensive stock and as such a double is hard to come by. However, BGO HAS made me nice money, as well as range trading MNG. Although BGO's credentials are much better. Two steller golds are DEZ and AUY. I own both and am sticking with it. (they are highly recommended by an investment fellow that knows his gold trends.) It's gonna be a nice ride.
        Good luck.
        "Whatever you can do or dream you can , begin it. Boldness has genius,power and magic in it." Goethe

        Comment

        • noshadyldy
          Senior Member
          • Sep 2003
          • 539
          #5
          Originally posted by canaveraldan
          Do gold mining stocks increase with the price of gold during periods of high political tension such as China invading Tiawan or other possiblities?
          oddly enough, not necessarily. Although some are known to be good tracers. (RATS! can't remember which though. Anybody???) Stronger correlation between the falling dollar and rising gold. And Warren baby is short the dollar BIG TIME!
          "Whatever you can do or dream you can , begin it. Boldness has genius,power and magic in it." Goethe

          Comment

          • dmk112
            Senior Member
            • Nov 2004
            • 1759
            #6
            Originally posted by noshadyldy
            Hi there,
            I've traded golds in the past and must say that WHT never made me much. Might have been timing though, don't recall. NEM is an expensive stock and as such a double is hard to come by. However, BGO HAS made me nice money, as well as range trading MNG. Although BGO's credentials are much better. Two steller golds are DEZ and AUY. I own both and am sticking with it. (they are highly recommended by an investment fellow that knows his gold trends.) It's gonna be a nice ride.
            Good luck.

            DEZ and AUY... They look nice but I'm conservative trader(investor) and I stick to stocks that make money.

            I really like WHT, I'm waiting for it to pull back for a handle...
            http://twitter.com/DMK112

            Comment

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