Shares & Derivatives
ARE THESE THE NEXT RISING STOCKS?
By Singapore Stocks Investing (SSI)  •  July 26, 2017
Dear readers, yesterday, ultra-penny stock, LionGold stock topped the 20% gainer stocks. And another gold-related stock, Wilton Resources also made it as one of the top gainers on Singapore bourse, rising by 8.333%. While this may make some investors think that there is rising interest in gold stocks, let us remember that the US Federal Reserves will meet soon with the wide consensus that the Fed is widely expected not to change interest rates. I believe the performance of the stock gold-centric stocks are more speculative. And in actual fact, gold should be viewed as less attractive if the inflation rates forecast are good (which means economies are good and hence less the need to hedge financial risks). LionGold stock is one of the stocks involved in the penny stocks saga of year 2013 while for Wilton stock, I am not too familiar with it, knowing only that it ......
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By Singapore Stocks Investing (SSI)
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