Golden summer defense?

I wrote about how stocks will be choppy. It would be nice to be wrong on this one, but with rising oil prices and escalating global tension over Iraq and other issues, I don’t think I am.

I wrote about dividend paying stocks (also a dividend update) being one possible defense and stocks like Marvel enterprises that are ripe for good news. And I’ve written about diversity and how precious metals play a role here. More about precious metals since the gold industry appears headed for more consolidation.

This could mean that small cap gold stocks might be attractive, partially because the gold industry is considered somewhat safe in volatile markets and partially because it may be a takeover target. Of course your two small caps might mess everthing up by merging the wrong way (at least the market thought it was the wrong way).

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