Gold Stocks Do or Die
Filed under: Stock Sector - 16 Apr 2007
Gold stocks are again testing an area that’s held them down for the past year. Don’t worry if you’re late to this party. With consolidation of close to a year, there will be plenty of opportunity to hop on a few gold stocks in the sector. The XAU is near a weekly closing high here for the year.

I’d ideally look for stronger plays in the sector. KGC broke out Friday, and is one to watch.

AUY has been a beast in the sector. Now out of single digits, it should have some institutional money thrown at it.

Buying begets more buying in GOLD.




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