+ Watch GG
on My Watchlist
The Company is engaged in the acquisition, exploration, development and operation of precious metal properties.
Gold is way oversold, a bounce-back means big profits for GG investors.
With all the whack that is in, and has been in, the markets of late, I don't expect pulling gold out of the ground to look like a bad idea in the near future.
Precious Metals are all going to POP to the upside now that all the evil Bullion Banks, ESPECIALLY JPM, HSBC, and Scotia (3 of the total 6) are done manipulating the paper price, providing a phenomenal contrarian play for entry into the Miners (which re down between 75-90%!!!) that have good B/S and Cash, along with plentiful mines that afford them access to Au and Ag for very good prices. The Miners who pay around $1150-$1200/oz are the ones who will benefit the MOST at first, as their margins have been squeezed to NOTHING. Companies like BVN, RGLD, FNV, GG, and others who pay just $75/Oz-$700/Oz for Gold will still benefit, but their stock prices won't accelerate as fast! Goldcorp stands to benefit immediately and handsomely, as their input costs were between just $690/oz. RGLD and FNV pay just $75 and $76, respectively, per oz mined, so while they offer the best overall LT Investment, it will take more for upward movement in Au's price for them to accelerate...
Gold oversold. Physical demand around the globe will force a bottom at these levels.
Gold as hedge
The though that Gold won't appreciate in the midterm to longterm is absurd. Here's you chance to by the Cadillac of miners at a deep discount
Why? Govt debt structure, interest expense, inflation.
"Gold" , Recession in Europe, US economy is also not that great, and it is almost close to 52 week Low and it is that time of the year when stocks pull back and materials and mining go up and what not!!!!
I'm All In.
Gold miners coming back and gg one of the best of the big ones
This stock is a under the radar defensive stock
Gold rush is on...
can 30 stocks randomly picked from a bag of scrabble tiles beat the market? there's only one way to find out.
The next gold rush is on!
Down to low. Sell when hits average
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