AOL Money & Finance

altius minerals posts

Feed

Top resource ideas: Adrian Day 'sticks with the best'

This article is part of a 20 article special report on "Metals, miners and money".

"When building a portfolio of junior mining stocks, stick with the best -- not just the cheapest," says money manager and advisor Adrian Day in his industry-leading The Global Analyst.

Although he is cautious on gold prices for the near term, Adrian Day suggests, "Gold is still only part way through its current bull move, one that likely still has years to run." Here, he looks at five favorite top-quality junior miners.

"Gold has had an extraordinary run, based partly on the decline in the dollar, which appears overdone in the short term. The fundamentals for a weaker dollar and for a stronger gold price remain intact, but I would be cautious about chasing markets now, especially the seniors.

"But it would be a mistake to sell too much, particularly in an attempt to trade the market and buy back precisely the same stocks at lower prices. Such attempts often end badly, as one fails to buy back favorite companies after selling at perhaps intermediate tops.

Continue reading Top resource ideas: Adrian Day 'sticks with the best'

Symbol Lookup
IndexesChangePrice
DJIA-52.6010,238.66
NASDAQ-9.002,157.90
S&P 500-6.701,091.81

Last updated: November 12, 2009: 02:17 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance