|Day Low/High||61.36 / 62.38|
|52 Wk Low/High||33.00 / 72.22|
Traders and investors could go long GOLD and/or add to existing longs at current levels.
You can't print gold. You can't devalue it. It is always a good idea to have some gold in your portfolio.
Just added to Jim Cramer's 'Covid-19 Index,' Newmont shares are powering higher as prices of the precious metal shine brightly.
There are stocks for people who believe we're roaring back, those who are hiding out from the virus, and those fearing gloom and doom. But here are the ones I'd give a workout.
These gold-related names are a great hedge against tail risk amid Covid-19.
I'm not a fan of catching a falling knife, but I see some intriguing aspects on the daily view of Newmont.
Investors should consider exposure to gold through some of the biggest and best-performing gold mining stocks. Here's a starting point.
Gold has always been, and still is the world's favorite safe haven.
You do not want to wait until it is clear the market has turned before buying.
The coronavirus outbreak is a big deal. But there are plenty of other reasons why gold is going much, much higher.
The big gains in commodities stocks come to those who jump in when commodity prices are down and forming a bottom, or in the early stages of an uptrend.
I am increasingly concerned about the amount of money flowing into these funds, largely because these flows represent 'weak hands.'
These mining names look attractive at this juncture. But do your homework.
Top picks among mining and precious metals stocks and funds.
If we can advance without China then who the heck knows where we can go with it.
Imagine how strong the charts might look if the U.S. dollar turned lower.
Deals that simply were unworkable four months ago because of price are now being done with alacrity.
These names performed well in Q4, but what does the coming year hold, and which ones could run further?
NEM has now violated resistance that had been in effect for around three months.
Both stocks are up sharply.
Try a near-the-money, bullishly biased vertical call spread on this precious metals miner.
Consider this NUGT covered call, or buy-write options tactic.
I think a long exposure to NEM makes a lot of sense.
Consider this GDX near-the-money, bullishly biased vertical call spread.