Gold update

dots Posted on June 15, 2006 , filed under Stocks | Print This Post

It looks like my prediction about gold’s bottom may come true. I believe we might see gold rebound past $600 quickly. I expect to see gold trading in the $600-$650 range for much of the summer.

Here is a recap of my top gold mining stock picks:

Barrick Gold Corporation (ABX) Barrick Gold Corporation is the world’s largest miner of gold. I like ABX at $25-$27.
Newmont Mining Corporation (NEM) Newmont is the world’s second largest miner of gold. I like NEM at under $50.
Yamana Gold, Inc. (AUY) I like AUY at current prices under $10.
Tanzanian Royalty Exploration Corp. (TRE) I like TRE at current prices under $7.

Add this post to your favorite social networking site

  • del.icio.us
  • Reddit
  • Digg
  • StumbleUpon
  • Propeller

Related posts:

Comments

RSS feed | Trackback URI

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.