Gold Mining Stocks

The securities of public corporations the main business of which is to mine for gold bullion are often referred to as “gold mining stocks.” The Dow Jones U.S. Gold Mining Index is a stock market index that is a weighted average of about 100 of the largest and most widely held gold mining stocks trading on major American stock exchanges. When the price of gold bullion is rising, the prices of gold mining stocks are rising. Similarly, when the price of gold bullion is declining, the prices of gold mining stocks are declining.

Two of My Favorite Gold and Silver Stocks

By Wednesday, October 9, 2013

gold stocksIf there ever was an environment illustrating how risky and tough resource investing can be, the current conditions for gold stocks are the textbook example.

Resource investing is a risk-capital only endeavor. When it comes to equities, resource-related stocks should never make up the core of a long-term investment portfolio. In … Read More

Business Stalls for Equipment Manufacturers; Outlook for Precious Metal Companies Flat

By Tuesday, September 3, 2013

Business Stalls for Equipment ManufacturersOne specific stock market sector that continues to be very challenging is the precious metals mining area. A combination of events has hit the precious metals producers: lower spot prices and rising costs being two of the main factors. It’s been the perfect storm for gold mining stocks, and the trend isn’t over yet.

And with reduc… Read More

Newmont—the “Best of Breed” of All Gold Stocks

By Friday, November 30, 2012

Gold ProducersThere’s been plenty of talk around here regarding gold and whether the precious metal is heading for $2,000. In my view, the current global risk will support and drive gold higher. (Read “The Stock Market Event You Need to Guard Against Right Now.”)

For any gold investor, the question is whether to buy the physical bullion or gol… Read More

Stock Market Outlook Solid Based on Earnings and Valuation

By Wednesday, August 29, 2012

Stock Market Outlook Solid Based The stock market certainly isn’t going up because of stronger expectations for corporate earnings. But I think all the conservative forecasts by corporations will lead to another quarter of mostly outperformance this upcoming earnings season. Companies have consistently been able to generate good earnings, even with lacklu… Read More

Gold Stocks Breaking Out of Their Correction

By Monday, August 27, 2012

Gold Stocks Breaking Out of Their CorrectionThe price of gold is going up, and it just crossed $1,660 an ounce. Silver crossed $30.00 an ounce. You might say that precious metals are back. You can plainly see the resurgence in gold stocks, which have really turned around from what was a considerable period of weakness. The majority of gold stocks have been trending lower all year, … Read More