Goldcorp, Inc. (USA) (NYSE:GG)
CAPS Rating:
The Company is engaged in the acquisition, exploration, development and operation of precious metal properties.
Investment advice you can actually understand
The Company is engaged in the acquisition, exploration, development and operation of precious metal properties.
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Euro bailout, China easing, USA with two rounds of QE, all mean gold should remain expensive and keep going higher. However, the gold price has been stable YTD but many gold producers are down 15-20% plus over that same time. Buying for two reasons: Future gold price increase expected. The stock is oversold and has met my technical criteria.