Momentum's BuildingThese Assets Are Going Up!
Gold and silver are going up in price along with the stock market, which continues to benefit from the Federal Reserve's inflationary policies. Right now, spot gold is just shy of $1,800 an ounce, that's a boon to gold mining companies. And silver is currently around $35.00 an ounce, lagging gold, but It is a fair bet that corporate earnings for gold and silver organizations will be considerably higher this earnings season and next.
Using a robust outlook for gold and silver prices, I wouldn't jump all over gold stocks right now-that trade was back in May, when spot prices were in correction. I'm all for momentum trading, but in precious metals, I think it pays to wait and employ the buy-low, sell-high investment strategy. Gold stocks are cur ... [Read More - Great Penny Stock Picks]
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