Sunday, December 28, 2008

On The Radar

On the radar for the third consecutive week are stocks in the Gold sector. The Gold Index as well as the other indexes that cover precious metals all finished the week on the upside. The Gold Continuous Contract Index closed to end the week up 4.04% at $871.20 per troy ounce, silver also ended the week higher thanks to the falling U.S. Dollar. The Stocks to watch are (PAAS) Pan American Silver, (SA) Seabridge Gold, (KGC) Kingross Gold, (TRE) Tanzanian Royalty Exploration, (GG) Goldcorp, (ABX) Barrick Gold, (GLD) Street Tracks Gold Trust, (SLW) Silver Wheaton Corp., (SLV) I-Shares Silver Trust (GSPG.OB) Gold Spring, and (AUY) Yamana Gold to name a few.

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