Tag: Barrick Gold (ABX)

Gold Stocks Rally… Is This The Bottom?

| October 9, 2015 | 0 Comments
Gold Stocks Rally… Is This The Bottom?

Gold Stocks Rally- More To Come? Something very interesting is happening with gold stocks… Over the past few days, share prices of companies in the beleaguered industry have experienced sharp rallies.  Take Agnico Eagle Mines $AEM for example- the Canadian gold miner is up 11% over the past week. See for yourself… As you can […]

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Gold Miners: Oppenheimer Says “Top Trade Idea”

| August 15, 2014 | 0 Comments
Gold Miners: Oppenheimer Says “Top Trade Idea”

Gold miners may finally be getting the wind behind their back.  After plummeting in 2012 and 2013, the Market Vectors Gold Miners (GDX) is up 27% this year.   As you may know, GDX tracks a basket of the world’s top gold miners.  The ETF holds names like Goldcorp (GG), Barrick Gold (ABX), and Newmont Mining […]

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Commodity Stocks: A Bullish Technical Setup In Barrick Gold (ABX)…

| July 3, 2013 | 0 Comments
Commodity Stocks: A Bullish Technical Setup In Barrick Gold (ABX)…

No doubt about it, the last six months have been a slow motion train wreck for gold miners.  Take Barrick Gold (ABX) for example.  As you may know, Barrick is a goliath of the gold mining industry with a market cap of $15.7 billion. It wasn’t long ago that Barrick was basking in the glory […]

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Get Ready For A Bullish Turn In Gold Stocks!

| August 10, 2012 | 0 Comments
Get Ready For A Bullish Turn In Gold Stocks!

It’s been a tough year for gold stocks… Numerous technical and fundamental uncertainties have gold stocks drastically underperforming major benchmarks in 2012. Take a look… As you can see, the AMEX Gold Bugs Index (gold line) is down 15% on the year while the S&P 500 (green line) is up just over 10%.  As you […]

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Gold Stock Investing: Barrick Gold Threw Investors For A Loop…

| September 29, 2011 | 0 Comments

Wow… What a month for gold stocks. This notoriously volatile sector outperformed the broad markets up through early September as gold prices traded over $1,800 an ounce. Investors were giddy with excitement as premier gold mining stocks like Barrick Gold (ABX) and Goldcorp (GG) were on the verge of breaking out to new 52-week highs. […]

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Gold Bugs Are Running For Cover…

| December 24, 2009 | 0 Comments

Gold has been the talk of the town lately. Watch any business show and you’ll hear something about it.  Heck, you can’t even watch 10 minutes of TV without hearing some crazy ad urging you send in your old gold jewelry for cash.  (By the way… that’s a horrible idea.) Gold’s had an extraordinary run […]

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