Yamana Gold Inc. (YRI.TO)

One of the better gold mining companies, but until the price of the commodity itself starts to show some signs of life, you basically stay away.

(Top Pick Nov 28/12, Down 43%) The only thing he saw coming was that the stock went below the 40 week moving average. He got stopped out and people should be using stop losses.

(Market Call Minute.) Doesn’t think gold is coming back anytime soon.

Are we in a bit of a gold bear market? They have been increasing production. Longer term they should be fine but you have to get a high gold price environment. Gold could stay at this level or go lower. 1 to 2 years may not be enough time.

(Top Pick Oct 9/12, Down 45.61%) Gold has been a challenge to trade. The lack of inflation has depressed gold. There are better places to put your money but to be in the space, this is one of the better names to be in.

(Market Call Minute.) He would stay away from golds. This is a group that continues to underperform. It looks like the precious metals cycle is over for now.

(Market Call Minute.) He has no gold companies and wouldn’t buy any. Doesn’t see any inflation anywhere in the world.

He sees a consolidating phase and not sure if he has seen the bottom. If you are a trader you could say it has a double bottom and put a stop below that and see what happens. As an investor, let them do a little more work.

Estimates all over the map. It is one of his favorites even though he doesn’t own it. Basically Mexico, Argentina and Chili. They are superb at keeping costs under control.

Big in South America. Diverse properties. Had some problems in growth a few years ago. 7 different core mines, all of which have been through their production issues but are growing. Obviously there are sovereign issues. The bigger issue is the entire gold group and that is a tougher call right now. (See Comments on Gold.)

(Top Pick Oct 11/12, Down 45.76%) He now has virtually no gold. He transitioned out. He has been short golds.

(A Top Pick Oct 9/12. Down 41.87%.) 2.7% dividend yield.

(A Top Pick September 7/12. Down 35.35%.) You ought to be nibbling away at gold stocks. Some gold stocks are very cheap, but this one is not one of those. Fairly low cost of production, so it probably represents better value than some of the cheaper ones. However cheaper stocks have a lot more leverage on a rebound in the price of gold. (See Top Picks.)

(Market Call Minute) Stock has been knocked down.

(Market Call Minute.) At $1300, they are still making a lot of money and generating free cash flow.