Jan 12, 2015

Gold Stocks Are Leading The Market

Gold continued to trade very well through out the week. It finished in another positive note, we are above 1220 in dollars.

Gold stocks were extremely strong on the day, on the week, leading the markets thus far in 2015. In fact it is one of the only sectors, maybe the only sector that is actually positive on the year.

Despite the big run up we had on Wednesday and Thursday, we did give back a lot of that on Friday and its still been weak thus far in 2015 for stocks.

Related stocks: Newmont Mining (NEM), Barrick Gold (ABX), NovaGold (NG), Goldcorp (GG),

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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