Gold Stocks Could Finally Work (AUY, KGC, AEM)

Finally the price of gold is now above $900 and with all the economic uncertainty and volatility in traditional securities, gold stocks may finally get some positive attention.  Let's get to three gold stocks worth playing.

Those 3 stocks are AUY, KGC, and AEM, taken right from theStockMasters.com gold stocks for 2009: Masters Right About Gold (AUY, KGC, AEM) - On Like Donkey Kong. Gold prices have been all over the place in the last 6 months and the
wild ride is far from over, but the price of gold will likely be higher
by the end of 2009, according to Richard Gray,
a mining sector analyst at investment bank Blackmont Capital in
Toronto. This week has been horrible on gold and gold stocks, but
today, back up $21.

Gray's 2008 forecast was dead-on, as the analyst said gold would trade between $700 and $1,000 while averaging $850. Gold averaged $872 and traveled between $682 and $1,033 for the just-completed year.

This year, Gray says gold will average $950 and trade as high as $1,100. He also notes that some expenses for gold-mining companies, like the price of oil, have dropped sharply. His top picks among mining stocks are Canadian listed outfits Goldcorp (GG), Agnico-Eagle Mines (AEM), and Jaguar Mining (JAG). Common theme -- Agnico-Eagle Mines (NYSE:AEM)

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