Gold stock to sell #2: AngloGold Ashanti (AU) - Jamie Dlugosch

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Gold stock to sell #2: AngloGold Ashanti (AU)
Sep 12, 2009 06:00 PM UTC

Jamie Dlugosch

Return	Risk
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Symbol	Sentiment	Start	Return	Closed
AU		09/12/09	-2.96%	--

Via BloggingStocks:

Filed under: Stocks to Sell

AngloGold Ashanti Ltd. (NYSE: AU) is one of the largest gold mining operations in the world.

The gold cult has made this company very wealthy -- AU has a current market capitalization of more than $15 billion.

I highly doubt the jewelry market could support that valuation, but the wacko gold bugs certainly do.

Continue reading Gold stock to sell #2: AngloGold Ashanti (AU)

Gold stock to sell #2: AngloGold Ashanti (AU) originally appeared on BloggingStocks on Sat, 12 Sep 2009 13:00:00 EST. Please see our terms for use of feeds.

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