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Ben Turney’s Trading Themes for 2015 #1 – A supercharged play on gold miners

By Ben Turney | Monday 29 December 2014


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


It is with a deep sense of déjà vu that I suggest my first Trading Theme for 2015. I am back to the gold miners. As one of my picks for 2014, this sector performed reasonably well in the first half of the year, only to finish in miserable disappointment by the end. There were excellent trading opportunities along the way, but gold’s bear market ultimately prevailed. As of writing, gold mining shares are towards the bottom of their annual lows and the long-awaited recovery proves as elusive as ever. Although I am understandably a little shy in calling the bottom of the market in the price of gold, the recent weakness looks like a decent buying opportunity and I’ve found a supercharged play for the bold of heart.


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