Sunday, June 29, 2014

Bullish on gold

Actually, I have been bullish on gold since a few months ago when it made new lows, but did not commit. Gold prices are starting to inch up again.

Royal Gold (RGLD), my favourite pick, has made new highs for the year. I must kick myself, for even if I have been targetting this one, has not made it my priority to get in when it softened to 59 recently (see 5 Apr post). Currently trading at 74.

Other gold stocks on my watchlist include Barrick Gold (ABX) and Silver Standard Resources (SSRI).

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