iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Commodities

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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16 comments

  1. sman7

    Hey RC,

    Are you sticking with precious metals? Is Alcoa worth a look?

    I’m thinking of getting some SLW.

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  2. johndough

    Really like the metals here. Prefer the miners over physcial. $NAK and $NGD for a pop.

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  3. chanci

    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.

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  4. Kaiser

    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.

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  5. chanci

    Correction, Yamana up 4.81% not 9.6%.

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  6. sniper6

    You are right on target, RC wins again!

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  7. Kuck Fudlow

    Looking good so far. POT is ripping 10% higher. Hell, even FCX is up 8%. Today must be opposite day.

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  8. RaginCajun

    Just bought WTI @ 17.44, also in SLW @ 3.18

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  9. johndough

    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.

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  10. RaginCajun

    wow, SIL could have been the trade of the day!

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  11. lol

    wow @ silver

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  12. Hank Paulson

    You momo guys are turning into value investors. Can I offer you some more bank stock?

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  13. RaginCajun

    SLW looking great.

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  14. Pro Trader

    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.

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