Monday, March 30, 2009

GoldCorp (GG) Twelve Times Your Money in Ten Years (Chart)

Gold Corp (GG), Ten Year Chart, Monthly (not dividend adjusted).

Goldcorp 10 Year 328

You don't hear much about Gold Corp (GG). The gold stock has risen from the $2.50 area in 1999 to a high of $52.65 during July, 2008 (prices are adjusted for stock splits).

The stock closed Friday at $33.76. GoldCorp dropped to a low in the $14.00 area in October, 2008 and is now moving up again.

If you had invested $10,000 in GoldCorp in 1999, it would now be worth more than $125,000. This does not include adjustments for dividends. 12.5 times your money in ten years, not bad.
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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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