Sunday, July 13, 2008

On the Radar

On the radar for the fourth consecutive week are the Gold stocks. The Gold Index continues to run higher after breaking through resistance at the $950 per barrel. The AMEX Gold Bugs Index, The Goldman Sachs Precious Metals Price Index, The Philadelphia Gold and Silver Index are all moving to the upside. The stocks on the radar for this week are (AEM) Agnico Eagle Mines, (HMY) Harmony Gold Mining, (IVN) Ivanhoe Mines , (EGO) Eldorado Gold, (GOLD) Ranglogold Resources, (ABX) Barrick Gold, (RGLD) Royal Gold, (GG) Goldcorp, and (CCJ) Cameco Corporation to name a few.

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