Far East Capital Newsletter
Gold - still the best sector in which to be
25 Nov 2018

In This Issue


Gold - still the best sector in which to be

It has been more of the same last week with the Dow still under pressure and an oil price that keeps falling. More than likely the market will offer only slim pickings between now and Christmas.

As an interesting exercise, we look at the 21 stocks under chart coverage that are still in uptrends and see if there is a discernible pattern. Gold features most prominently, with seven of the companies being established producers. Another five are either pre-production or exploring gold companies. Thus the market is more generous in its support for the gold sector. However, there are many other gold stocks, both producers and explorers, and especially in the junior end, that don’t make the grade. See the list below of stocks in uptrend.
 

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