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The Fuse Has Been Lit – on Gold Prices

In our latest "Stock Talks" video - a recommendation of miner Goldcorp Inc. (NYSE: GG) issued back on March 9 - we told you that the best time to buy gold stocks was before they started their rally.

Our timing, it seems, couldn't have been better.

Gold jumped again today - building on a two-week advance and letting the "yellow metal" hit its highest point in a month - after the Trump administration failed in its bid to repeal and replace Obamacare.

Gold for April delivery zoomed $7.20 an ounce to hit $1,255.70 - a level last seen back on Feb. 27, according to MarketWatch and FactSet Research.

Goldcorp is running, too. After closing at $14.56 a share that day, shares of the Canadian miner have surged 10.9% in just a dozen trading days - an annualized equivalent of 236%.

As good as that sounds, we believe it's just for starters.

And in today's talk, I want to show you why - and tell you what to do about it.

  1. Harris Reisbaum | March 29, 2017

    I know you cannot answer me but maybe you can post it
    I was stopped out of GG (because of chile purchase?) do I go some where else or is this still good.

    Harris

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