There May Be Gold In These MinesBy
Most gold stocks have retreated from their highs after a sharp runup earlier in the year. "Gold will have to break out decisively above the pivotal price of $410 an oz. for the precious-metal stocks to challenge their recent highs," says investment adviser Charles LaLoggia. But he's a bull on gold stocks, nonetheless, because he believes the "weakness of the bond markets worldwide is giving the financial markets the message that inflation will be the big problem ahead."
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