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GoldCorp (GG): 'Our favorite major'

 Sep 02, 2008 05:00 AM UTC
Symbol Sentiment Start Return Closed
GG Positive 09/02/08 -27.19% --

Graphic_arrow1 Via TheStockAdvisor:  

 "People want to own more gold when there’s a perception of growing global economic and political turmoil," explain resource experts Roger Conrad and Yiannis Mostrous.

In their industry-leading Vital Resource Investor, the advisor offer their long-term bullish assessment for gold as well their favorite gold mining stock: GoldCorp (NYSE: GG).

"To be sure, we’ve seen demand in the US drop for many vital resources as the economy has slowed. Demand from developing nations, however, remains entrenched by necessity, as these suddenly more affluent nations struggle to upgrade their vital infrastructure. 

"And although we may see Chinese economic growth slow from its current off-the-chart 10% rate, that country will still face critical needs to build out its cities to meet the millions of new migrants that come every year. And that’s a huge call on raw materials.

"The bottom li

...




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1 29.65 +61.65% 160
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5 15.63 +16.16% 6


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