morning guys,
certainly a clear theme this morning with gold stocks likely to outperform given that the $AUD gold price is now sitting comfortably above the $1450 level, making plenty of the spec producers highly profitable.
Even to the point some will be producing yearly profits around the levels of their whole market cap.
agree with Nikk0 some of the smaller gold plays will be more than just day trades and are likely to run hard in the coming weeks. The key is to identify which ones have momentum behind them and get in early.
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morning guys,certainly a clear theme this morning with gold...
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