AUY is a gold miner. this sector has had a lot of previous downward pressure. there was a lot of buying also in physical gold under the $700 level. i don't believe the spinsters can spin it any more than this. yamana was always solid, i traded it up to almost $20 a share. i believe we'll see prices higher than that in the coming years.
Bailout Bailout Inflation Inflation Nothing better to push up the price of gold. A little gold or alot Now it's time to grab some shares of AUX.Don't under estimate this miner she will show you a brite picture. I am goi
When gold was trading above $1,000 an ounce, Curtis Hesler reversed his buy signal and fortuitously warned of a seasonal pullback expected over the summer.
In his The Professional Timing Service, he stated, "Gold should settle into the cyclical and seasonal lows due in early August. Although you will hear plenty of bearish arguments as gold prices pull back, weakness will be a buying opportunity."
He now explains, "I don't think there is much left on downside for the mining shares. W
Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
The Toronto Stock Exchange has fared much better in what has officially become a U....
Spot price of gold eclipsed $935 in trading Monday, its first time above the mark since May 22, as another fresh round of record oil prices exacerbated existing market-wide turmoil.
Yamana Gold, Inc. engages in the acquisition, exploration, development, and operation of precious metal properties principally gold, as well as copper mining properties primarily in Brazil, Chile, Argentina, Honduras, and the United States. The company holds interests in various properties, including Chapada property, a copper and gold mine prospect, located in northern Goias State; S?o Francisco gold mine property located in the western portion of Mato Grosso State in West Central Brazil; Jacobina property located in the state of Bahia in northeastern Brazil approximately 340 kilometres n
The largest gripe<!----> that I’ve had with Wall Street Analysts is that they
lack accountability. They flip-flop around their investment thesis and
fundamental analysis of a situation. In my regard, the individual
investor has many reasons to completely tune out all the noise that
they hear and draw their own conclusions from macro-economic events and
their own due diligence of a companies released earnings.
Over the past 400+ articles, I’ve mostly posted my buys and sells,with exact prices. This is to establish accountability and to form atrack record. I’ve always said, regardless of how
With gold trading down sharply from its highs, Keith-Fitzerald offers a special report on gold stocks in Money Morning, highlighting three companies that he consider to be the "very best of the best."
"Gold remains a key profit opportunity -- especially if inflation, or even stagflation, is taking hold. It should also help that economic uncertainty is escalating. However, since the economic outlook has grown more uncertain, we've decided to our recommended list down to ju
"The recent pullback in commodity prices has opened up this window of opportunity," says resources expert Larry Edelson who reaffirms his long-term bullishness on gold.
In his Real Wealth newsletter, he explains, "If you think the slowdown in the U.S. economy is impacting China and other emerging markets - ground zero for the natural resources boom - think again." Here, he discusses his favorite gold plays.
"Not only are the Chinese and Indian economies expected to surge more
"The recent pullback in gold has opened up this window of opportunity," says resource investing expert Larry Edelson.
In his Real Wealth he explains, "If you think the slowdown in the U.S. economy is impacting China and other emerging markets — ground zero for the natural resources boom — think again." Here, he discusses his two favorite gold plays.
"Not only are the Chinese and Indian economies expected to surge more than 9% this year, countless other economies throughout Asia, the former Soviet states and Latin American countries are also growing by leaps and bounds.
"You must own some gold in this economic environment," emphasizes natural resources authority Larry Edelson who sees the recent setback in gold prices as "an ideal time to buy."
An article in Fortune today discusses how a rate freeze next week could deflate the commodities bubble. I've been talking about this principle for awhile now. If it happens, I would want to be long SMN, DUG, and short on GLD. I own two gold stocks, AUY and ABX, which I will add to if we get this correction. I also like PTR,PBR, and NE on a pullback.
Some think the Fed is partly to blame for the spike in commodity prices since rate cuts have helped to weaken the dollar. Despite this, investors are betting the Fed will cut rates when it meets again next Tuesday and Wednesday. But one economis
"The recent decline in gold from above $1,000 is prompting gold bears to say that the great gold bull market has reversed itself," says Martin Hutchinson who states, "Let me say right now: They're wrong."
In his Money Map Reporter, he explains, "Thanks to three key catalysts, we may well see gold at $1,500 an ounce this year, if not higher." Here's his outlook and a trio of ways to play this trend.
"These three catalysts - worldwide monetary policy, global s
Momentum trades today 1-08-08
- The price of gold has risen $16.00 over night. Also with over 50% of economists saying we are moving into a recession this morning, look for good momen...
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
AUY
About Yamana Gold Inc
- Answers.com
When gold was trading above $1,000 an ounce, 
Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
"The recent pullback in gold has opened up this window of opportunity," says resource investing expert 
