AngloGold Ashanti Limited (ADR) (NYSE:AU)
The Company conducts gold-mining operations in Argentina, Australia, Brazil, Ghana, Guinea, Mali, Namibia, South Africa, Tanzania and the United States of America. The Company also produces uranium oxide and sulphuric acid.
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about to break through technical resistance at $40. No floor below that for a while.
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Five stats.
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Franchise Player.
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cuts output guidance. Hello, producing less gold when the price is this high?
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Gold will recover - when?
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Gold, gold, gold peoples in India and China need gold
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gold forever
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When the market moves against good companies its best to close the position and restart it after the irrational selling has stopped.
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Great price on a gold mining stock!
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Upcoming panic/next banking crisis favors gold and those who have it safely "stored" underground in mines.
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down with gold bugs
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Diversified gold mining plus weakening dollar and controlled energy costs = long term profits.
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Just adding some gold to my picks. Don't rely on me to make these kinda calls (there is plenty of gold bugs on this board already...)
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Google Zacks Releases Four Powerful ''Buy'' Stocks if you trust them it may return 26%
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gold miners should do well on lower production costs (general commodity and wage deflation) in short term, while gold itself will hold value due to fears of longer-term potential for inflation
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someone's been reading Peter Schiff and Christopher Barker (TMFSinchiruna)
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GOLD UP WITH ECON UNCERTAINTY.
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One of the lowest cost producers of Gold in the industry is a good hedge in case you believe that all the quantitative easing will lead to significant inflation down the road.
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