Sunday, December 21, 2008
On The Radar
On the radar for the second consecutive weeks are stocks in the Gold sector. The Gold Index as well as the Amex Gold Bugs Index and the Philadelphia Gold and Silver Index all ended the week on the upside. We might see a continuation is the rise of Gold due to the decline in the price of the U.S. Dollar against the basket of major currency pairs. The Stocks to watch are (EGO) Eldorado Gold, (KGC) Kingross Gold, (TRE) Tanzanian Royalty Exploration, (GG) Goldcorp, (ABX) Barrick Gold, (AEM) Agnico Eagle Mines, (GLD) Street Tracks Gold Trust, (GSPG.OB) Gold Spring, ((AUY) Yamana Gold, (AEM) Agnico Eagle Mines, (HMY) Harmony Gold, (BVN) Compania de Minas Buenaventura, (RTP) Rio Tinto PLC, and (SA) Seabridge Gold to name a few.
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