Club Mulgoa

Friday, March 02, 2012

Gold stocks

Over the last 12 months, gold stocks have not performed that well. But the price of gold has gone from USD$1400 per oz to USD$1700 per oz. That really means they are undervalued especially for the producers. Luckily, my gold sector is balanced by LSA, AZH, PIROA, SLR and GOR which had a fantastic year.

In time to come, I am sure PRU, KCN, RMS, CGX, KMC will do better.

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