Goldcorp, Inc. (USA) (GG)
The Company is engaged in the acquisition, exploration, development and operation of precious metal properties.
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Let's see if I'm too late again
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mmmmmmmmmmmmm me likey precious metals me likey a lot
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Well run gold mining company with vast resource base.
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Hello USD, bye bye GLD.
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The golds have been correcting recently, but are seasonally strong. I expect an "outperform" to March or April.
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fundamentals of gold is lowest it's ever been. Fear will bring this up again, but who the heck is really buying gold?
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Gold Price should increase
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Their assets are far greater than there capitalization.
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Long-term upside potential.
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gold is going higher
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Dollar will fall against real value (e.g. EURO or Gold) because of quite high real inflation (too high money supply before 2008 and extreme new inflow to combat crisis in 2008/2009, with nothing (no US savings) to back it up). So ...
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Hard to believe one of the best and lowest cost producers would be rated so low.
With the sector holding/consolidating gains rather nicely (with some thx to the dollar declining), GG has been leading/outperforming a sector that has done very well.
Will know the IT top is in when the jrs. start outperforming stocks like GG, KGC, AEM, etc.
Jim
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Gold stocks have been great, now it's time for a reality check
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Gold up approximately 20% over the past 52 weeks. RSI over 65% and is overbougjht. Look for a re-test of the $900 short term support level.
Bottom line take a profit & look for a new entry point below $900
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GOLD!!!!
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Lowest cost producer at $330/once costs give it a good margin. Also has large Ag and Cu reserves and no hedges (which could be good or bad)
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One of my "Anti-Obama Drunken Sailor Spending" binge hedges!
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Because the dollar is losing value.
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If market falls as I suspect, this stock will fall more than the market.
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Gold -> $1000- $1200 to $2000+ as China dumps USDollar.

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