Sunday, February 1, 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 on an upside move for the second straight week ending the week at $928.40 up $30.70 or +3.42 percent. The gold stocks on the radar are (SLW) Silver Wheaton Corp., (SA) Seabridge Gold, (AUY) Yamana Gold, (GLD) Street Tracks Gold Trust, (AEM) Agnico Eagle Mines, and (ABX) Barrick Gold to name a few stock in the sector.

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