Michael Jalonen

Michael Jalonen Recent News

6 Top Precious Metal Stock Picks
On Thursday, Bank of America updated its precious metal price outlook and named its top precious metal stock picks for investors to buy heading into the second half of 2021.
Why BofA Expects Rebound In Gold M&A In Second Half Of 2021
Despite more than $6 trillion in U.S.
Are Gold Stocks Moving Back Into The Growth Phase?
The VanEck Vectors Gold Miners Etf (NYSE: GDX) has come back to life in recent months after a disappointing performance in the second half of 2020.
10 Gold Stocks That Could Be The Next Buyout Targets In Industry Consolidation Wave
Inflation concerns haven’t delivered the gains gold investors had hoped for in the SPDR Gold Trust (NYSE: GLD) over the past year.
Why BofA Is Double Downgrading Iamgold
Gold prices have been on a tear in 2020, but Iamgold Corp (NYSE: IAG) shares lost 5.75% Friday after the company received a Wall Street double downgrade in the middle of a bull market for gold. 
Gold At $3K? $50 Silver? BofA Raises Metal Price Targets
Gold prices once again hit new all-time highs Wednesday after breaking the $2,000-per-ounce level for the first time ever this week. Fortunately for precious metal investors, BofA Securities said global economic conditions suggest even more upside ahead.
Gold Prices At 9-Year Highs, But Eldorado Still Undervalued: BofA
Gold prices are above $1,800 per ounce for the first time since 2011, sending gold stocks soaring.  Despite the big moves in gold prices and gold stocks, one analyst said Friday that shares of Eldorado Gold Corp (NYSE: EGO) are still undervalued.
7 Best-Performing Stocks Of 2020: Buy, Sell Or Hold?
The S&P 500 has rallied hard off its March lows, but the index remains down 12.9% year-to-date overall. The near-term economic outlook amid the COVID-19 shutdown is still unclear, creating a lot of uncertainty on Wall Street. The International Monetary Fund recently cut its 2020 global economic growth forecast to negative 3%.
BofA Upgrades Eldorado Gold On 5-Year Outlook, Valuation
7 Ways To Invest In Gold Amid Coronavirus Fears
Bank Of America Does A Double Upgrade On Eldorado Gold, Expects Production To Double By 2020
Bank Of America Sees Growth Potential From Meliadine And IVR For Agnico Eagle Mines