Saturday, August 1, 2009

On The Radar

On the radar for this week art stocks in the gold sector. The Gold Index has been moving to the upside for the past 2 weeks along with the AMEX gold bugs index as well as the Gold and Silver index. As the price of the dollar continues to fall the price of gold should continue to move higher. The Gold Index ended the week trading at $954.10 up $27.50 up 2.97 percent. The stocks on the radar for this week in the Gold sector are (RTP) Rio Tinto PLC, (GG) Goldcorp, (AUY) Yamana Gold, (AEM) Agnico Eagle Mines, (SA) Seabridge Gold, (HMY) Harmony Gold, (KGC) Kingross Gold, (BVN) Compania de Minas Buenaventura, (EGO) Eldorado Gold, and (ABX) Barrick Gold, to name a few.

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