| From: Ms. Baby Boomer | 6/23/2014 3:01:53 PM | | | | | | Gold Trades Below Two-Month High as Fed, Demand Weighed...
Bullish Bets
Holdings in gold-backed exchange-traded products fell to 1,712.9 metric tons on June 20, the lowest since October 2009, data compiled by Bloomberg show. Hedge funds and other money managers increased their net-long position, or bullish bets, by 30 percent in the week to June 17, the biggest gain since February, U.S. Commodity Futures Trading Commission data show....
businessweek.com |
| | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| To: Ms. Baby Boomer who wrote (48056) | 7/18/2014 11:28:01 AM | | From: Ms. Baby Boomer | | | | Credit Suisse’s Top Gold Stocks to Buy...
Eldorado Gold Corp. ( EGO) is another of the top picks at Credit Suisse. The company engages in the exploration, development, mining and production of gold properties in Turkey, China, Greece, Brazil and Romania. The company also explores for iron, silver, lead, zinc and copper ores.
The Credit Suisse analysts point out that the company is a consistent, low-cost operator with solid valuation upside to its net asset value. They also cite upside potential could be tied to pending permits in Greece and China. Eldorado Gold investors are paid a small 0.3% dividend. Credit Suisse raises its price target to $10 from $9, while the consensus target is $8.65. Shares closed Thursday at $7.55....
finance.yahoo.com |
| | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
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