On the Radar

On the radar for this week are stocks in the Gold sector. The Gold Index is on the verge of moving higher due to the price of the dollar falling against the major currencies as it ended the week lower. The Gold Index, the AMEX Gold Bugs Index and the Philadelphia Gold and Silver Index are all poised to extend the gains they made last week due to the pullback in the dollar. The Gold Index ended the week up 9.08 percent, the Amex Gold Bugs Index ended the week up 22.90 percent and the Philadelphia Gold and Silver Index ended the week up 23.59 percent. The stock on the radar for this week in the Gold sector are (GLD) Street Tracks Gold Trust, (GSPG.OB) Gold Spring, (KGC) Kingross Gold (GG) Goldcorp, (ABX) Barrick Gold, (AUY) Yamana Gold, (AEM) Agnico Eagle Mines and (SA) Seabridge Gold just to name a few.. (HMY) Harmony Gold, (BVN) Compania de Minas Buenaventura, (RTP) Rio Tinto PLC , and (EGO) Eldorado Gold to name a few.


By: Marlin Rolle