Thursday, April 14, 2016
Caterpillar $CAT, Joy Global $JOY, Major Drilling $MDI.TO: 3 Gold ‘picks and shovels’ stocks should be on your radar
Gold is up around 20% since bottoming at $1,050 per ounce in mid-December – a huge move in such a short period of time.
And the gains in gold stocks have been even more incredible. Gold producer Barrick Gold (ABX) is up 135%… gold explorer NovaGold Resources (NG) is up 53%… royalty company Franco-Nevada (FNV) is up 51%… and the Market Vectors Junior Gold Miners Fund (GDXJ) is up 73%.
But right now, I’m keeping my eye on one group of gold stocks that should really take off if gold continues to climb higher…(more)
And the gains in gold stocks have been even more incredible. Gold producer Barrick Gold (ABX) is up 135%… gold explorer NovaGold Resources (NG) is up 53%… royalty company Franco-Nevada (FNV) is up 51%… and the Market Vectors Junior Gold Miners Fund (GDXJ) is up 73%.
But right now, I’m keeping my eye on one group of gold stocks that should really take off if gold continues to climb higher…(more)
Subscribe to:
Posts (Atom)