September 04, 2008 at 10:00 AM EDT
Two Ways To Play: 'Tis the Season... For Gold
Gold RushBloomberg reports analysts at JPMorgan Chase believe gold may gain 10% by the end of the year due to demand for jewelry during the Indian wedding and festival season. Since 2002 the season has boosted prices every year with September being the strongest buying month the analysts wrote in a report. Further for the past decade gold has increased by an average of 10.1% from September through December. For more on gold see Professor Lance Lewis’ column Gold: Misconceptions vs. Reality. From the Bull Pen: Gold bulls can consider Goldcorp (GG) for an upside play. The stock seems ...
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