Oil, Gold, Copper, Silver, ect. That’s where I want to be today. A lot of the basic material names are still down huge, just take a look at this notable call on Southern Copper Corporation (USA) [[PCU]] . How about FCX under $30?
How about Ag, The Mosaic Company [[MOS]] under $30 anyone?
How about coal, [[KOL]] ?
Then there’s the independent oil & gas companies that I think are set to explode: W&T Offshore, Inc. W&T Offshore, Inc. W&T Offshore, Inc. [[WTI]] , Petrohawk Energy Corporation [[HK]] , Denbury Resources Inc. [[DNR]] , Petroleo Brasileiro SA (ADR) [[PBR]] , Devon Energy Corporation [[DVN]] , ect.
What about gold & silver: Goldcorp Inc. (USA) [[GG]] or Silver Wheaton Corp. (USA) [[SLW]] ?
Plenty or room for upside in the above names, and this is where I will start my search today.
Check out the premarket gainers and losers
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Hey RC,
Are you sticking with precious metals? Is Alcoa worth a look?
I’m thinking of getting some SLW.
Really like the metals here. Prefer the miners over physcial. $NAK and $NGD for a pop.
Looking at all the gold stocks on Kitco this a.m., Harmony Gold is up 20% and Yamana is only up 9.6%. What is wrong with that stock? I am growing to hate it.
I really think that GG in the long run will be a winner. Gold has been so oversold and GG is still trading as if Gold was much lower than it is.
Correction, Yamana up 4.81% not 9.6%.
You are right on target, RC wins again!
Looking good so far. POT is ripping 10% higher. Hell, even FCX is up 8%. Today must be opposite day.
Just bought WTI @ 17.44, also in SLW @ 3.18
I think silver will outperform gold going forward. SLW great pick. For even more leverage (and more risk) look at Mega Silver, Mag Silver, Fortuna Silver.
wow, SIL could have been the trade of the day!
wow @ silver
You momo guys are turning into value investors. Can I offer you some more bank stock?
SLW looking great.
Ragin;
I bought a group of silver/gold stocks last week. Looking at price action SIL looked very good. I bought it at 1.01 but the week before it went to 1.80 like a rocket.
short term I see 1.85. In 60days I see 3.42.
http://www.financialsense.com/Market/daily/tuesday.htm