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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Jopps who wrote (41630)12/11/2012 8:22:35 PM
From: Keith Feral  Respond to of 222390
 
I see 2 levels of gold stocks - one's with very low yields around 1.5% and very high PE's. The other group like NEM and FCX both pay nice dividends with reasonable PE's.

As for Gold itself, I'd keep holding off for gold prices to catch down with some of the falling gold names. $150 GLD is not an unreasonable expectation based on NEM trading near 52 weeks lows.