|Day Low/High||15.08 / 15.45|
|52 Wk Low/High||8.16 / 16.28|
The true contrarian plays might be hiding in energy-related and precious metals stocks and funds.
Option writing provides a high probability of profitability. It also demands a decent-sized bankroll.
This fund is a low-risk, but levered way to play that next upturn.
If the mining shares close below their lowest July point, I would take profits.
Investment company hits a 13-year low, but when gold soars, it does, too.
David Christensen, CEO of ASA Precious Gold and Metals, says gold mining stocks should bounce back in 2013 after a turbulent year.