Monday, October 22, 2007

Gold Stocks



Gold shrugged off a tumbling U.S. dollar and fell more than 1 percent on Monday as investors cashed in on the metal's rally to a near three-decade high last week.

... the loathing for gold stocks is bullish. While few expect gold stocks to become a stock leader, or think that people ... Neither Dudas nor the other gold watchers expect mining stocks to replace Cisco (CSCO:Nasdaq - news) as market leaders, ... risk in buying these stocks is very low. Another sentiment reading that rekindles the gold bug in Shartsis is the put/call ... bugs are biting. While you're doubled over with laughter at the prospect of putting even a dime to work in gold stocks, ... "Phelps mines gold and silver only as a byproduct of copper mining and derives less than 1% of sales from precious ... One of the key signs they've found is in the bullish consensus on gold, which stood at 16% Monday, just a bit higher ... the copper mining giant, into the XAU is being seen as a positive because it tosses another dirt-bomb at the gold and ... summer weakness in overall commodity prices and recent gold price performance," which has held the low end of rather ... TheStreet.com If Down Is Up and Bad Is Good, Gold Stocks Must Be Hot



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