1. 9,081 Posts.
    Looks like gold is gearing up for another advance on overnight markets.

    This from Huntley's latest newsletter:

    "We are positive on gold with Newcrest in the majors and Croessus, Lihir and Emperor favoured as unhedged producers."

    Personally, I favour the unhedged (or, in point of fact, lightly hedged producers) - LHG, CRS & EMP.

    NOTE: the emphasis being on two key words:
    "PRODUCERS" and "UNHEDGED" (or very "lightly hedged")

    It's only a matter of time until these stocks get up a head of steam.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.