Gold-mining stocks jump on European moves
The dollar was down against the euro on news from the European Central Bank. And that pushed the price of commodities up.
At the time of this writing, Jim Jubak didn't own shares of any companies mentioned in this post in personal portfolios. The mutual fund he manages, Jubak Global Equity Fund (JUBAX), may or may not own positions in any stock mentioned. The fund did own shares of Freeport McMoRan Copper & Gold, Goldcorp, Randgold, Newcrest Mining, and Yamana Gold as of the end of March. For a full list of the stocks in the fund as of the end of the most recent quarter, see the fund's portfolio here.
and just wait until you see what happens Friday! i predict a follow-up pop upwards of another 2% or more.
lol ... personal fav is bgeix ...
let the 2012-2013 gold rush begin!
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All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
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