Had Enough of Gold Stocks? Then Buy the ProShares UltraShort Gold ETF (NYSE:GLL),(NYSE:AUY),(NYSE:AEM)

Gold

Forget going long Yamana Gold (NYSE:AUY) or cream of the crop Agnico-Eagle Mines Limited (USA) (NYSE:AEM), what if gold prices finally start to fall and these coveted gold stocks fall out of favor?  Short Gold buy going long the ProShares UltraShort Gold ETF (NYSE:GLL) has traded from $8.45 to $18.70 over the past 12 months.

How to Predict the Price of Gold (NYSE: AUY), (NYSE: ABX), (NYSE: GG), (NYSE: GLD)

Gold

So, you may be holding some shares of Yamana Gold Inc. (USA) (NYSE:AUY), Barrick Gold Corporation (USA) (NYSE:ABX), Goldcorp Inc. (USA) (NYSE:GG) or SPDR Gold Trust (ETF) (NYSE:GLD). And now you are wondering if and when to sell. 

Gold May Come Down, But How Much? (NYSE: AUY), (NYSE: ABX), (NYSE: GG), (NYSE: GLD)

Gold

At some point, gold has to stop going up and then start going down.  Obviously that will hurt shares of Yamana Gold Inc. (USA) (NYSE:AUY), Barrick Gold Corporation (USA) (NYSE:ABX), Goldcorp Inc. (USA) (NYSE:GG) and SPDR Gold Trust (ETF) (NYSE:GLD). The question remains though, how much will gold go down when it starts?

Gold Even Higher in December? (NYSE: AUY), (NYSE: ABX), (NYSE: GG), (NYSE: GLD)

Gold

Even after the amazing rally gold has been showing, many people are expecting it higher for December.  That will helps the likes of Yamana Gold Inc. (USA) (NYSE:AUY), Barrick Gold Corporation (USA) (NYSE:ABX), Goldcorp Inc. (USA) (NYSE:GG) and SPDR Gold Trust (ETF) (NYSE:GLD). 

Home Sales Help Lift the DOW

Housing and Money

Stocks are on fire today thanks to oil, commodities, gold and sales of existing homes increasing 10.1% in October, according to the National Association of Realtors.

Gold at New Highs but Investors are Afraid (NYSE: AUY), (NYSE: ABX), (NYSE: GG)

Gold

Even though gold has made an incredible run, it may not be done yet.  Yamana Gold Inc. (USA) (NYSE:AUY), Barrick Gold Corporation (USA) (NYSE:ABX) and Goldcorp Inc. (USA) (NYSE:GG) are still worth considering as viable investments.  Gold reached a new record nominal high again at $1,148/oz and, as of Wednesday afternoon, was trading at $1,146/oz.

What a Week for Yamana, Goldcorp and Allied Nevada

Gold

Thanks to gold nearing $1,100 per ounce this week various gold stocks are enjoying the ride.  Yamana Gold (NYSE:AUY) shares are up 13% this week, along with Goldcorp (NYSE:GG) up 12% and Allied Nevada (AMEX:ANV) jumping 15%.  Got Gold?

Gold Heads Higher but Yamana, Kinross, and Goldcorp shares stay Cool (AUY, KGC, GG)

Gold

Gold is now steady and holding over $1,000 but shares of Yamana Gold Inc. (NYSE:AUY) Kinross Gold Corporation (NYSE:KGC), Goldcorp Inc. (NYSE:GG) have made their gains, today they are all holding steady.

Gold: The Case for Buying at a High (AUY, ABX, KGC)

Gold

Gold did a very interesting thing the other day, and it might seriously help share of Yamana Gold Inc. (USA) (NYSE:AUY), Barrick Gold Corporation (USA) (NYSE:ABX), and Kinross Gold Corporation (USA) (NYSE:KGC).  It seems that just the other day, gold broke through the overhead price resistance at $1,025 and that NOW becomes its downside support. 

Yamana Gold Continues Its Rush

Gold

As gold jumps to a new high, Yamana Gold Inc. (USA) (NYSE:AUY) pushes its stock price up near its recent closing high of $11.38.  It gapped up today just over 6% to open at

Syndicate content

WallStNation.comThanks for visiting WallStNation.com, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.

To Browse our Most Recent Stories (click here)


Share WallStNation.com Content

Share this article with others, WallStNation.com is the Independent Wall Street Newspaper. Thanks for Reading!

Daily Market Summary




Please Review the WallStNation.com Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details