On the radar for the second consecutive week are stocks that trade in the gold sector. The AMEX Gold Bugs Index, the Philadelphia Gold & Silver Index as well as the Gold Index are continuing to advance as the price of gold moves higher to the upside. The Gold Continuous Index has been moving higher to the upside for 9 of the past 11 weeks and is currently $1.51 from its all time price high at $1,487.90.
The stocks on the radar in the gold sector in the week ahead (GG) Goldcorp, Inc., (MDW) Midway Gold Corp., (GORO) Gold Resource Corp., (RIC) Richmpont Mines, Inc., (NG) Nova Gold Resouces, Inc., (AU) Almaden Minerals, Ltd., (GOLD) Randgold Resouces, Ltd., (TRE) Tanzanian Royalty Exploration Corp., and (NEM) Newmont Mining to name a few.
By: Marlin Rolle