Sunday, January 25, 2009

On The Radar

On the radar for this week are stocks in the gold sector. All Indexes are turning to the upside. The Gold Continuous Contract, the Philadelphia Gold and Silver Index, the AMEX Gold Bugs Index as well as the Goldman Sachs Precious Metals Price Index have all been on a moving to the upside. Gold has been fluctuating to the upside ending the week trading at $897.60 per troy ounce up $57.80 or 6.88 percent. The stocks on the radar in the gold sector are (GSPG.OB) Gold Spring, (ABX) Barrick Gold, (AUY) Yamana Gold, (AEM) Agnico Eagle Mines, (GLD) Street Tracks Gold Trust, (SLW) Silver Wheaton Corp., (SA) Seabridge Gold, and (SLV) I-Shares Silver Trust to name a few.

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