Gold Could Potentially Reach $ 1,900 oz According to HSBC Analysts

Five Star Equities Provides Stock Research on Goldcorp and Yamana Gold

NEW YORK, 08/08/12 - Gold stocks have struggled in 2012 as a slowing global economy has resulted in lackluster physical and investor demand for the precious metal. The Market Vectors Gold Miners ETF (GDX) has fallen close to 17 percent this year, while the Market Vectors Junior Gold Miners ETF (GDXJ) has fallen over 21 percent. Five Star Equities examines the outlook for companies in the Gold Industry and provides equity research on Goldcorp Inc. (NYSE: GG) (TSX: G) and Yamana Gold Inc. (NYSE: AUY) (TSX: YRI).


Access to the full company reports can be found at:

www.FiveStarEquities.com/GG
www.FiveStarEquities.com/AUY

HSBC analysts have in a recent report stated that gold could potentially gain from the political and economic turbulence in the U.S. and by the end of the year hit $1,900 per ounce.

"Economic uncertainty, geopolitical tensions and the uncertainty of the U.S. November elections are theoretically gold-bullish," and gold should rally in the second half of the year "when U.S. growth is poor and the dollar is weak," a new HSBC report said. "We expect prices to rally to above $1,900/oz by the end of the year. Patience is the most important commodity."

Five Star Equities releases regular market updates on the Gold Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

Goldcorp is one of the world's fastest growing senior gold producers, with operations and development projects located in safe jurisdictions throughout the Americas. Goldcorp's operating assets include five mines in Canada and the U.S., three mines in Mexico, and two in Central and South America. Gold sales in the second quarter were 532,000 ounces on production of 578,600 ounces. This compares to sales of 606,400 ounces on production of 597,100 ounces in the second quarter of 2011.

Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Colombia. In June the company's Board of Directors approved a $0.04 increase in the Company's annual dividend to $0.26 per share beginning in the third quarter of 2012. This represents an 18% increase from the second quarter dividend and a 117% increase in dividends from levels in place a year ago.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.FiveStarEquities.com/disclaimer



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