Opportunity for Gold Investments: Gold Stocks Sell Off, While Spot Price Hangs Tough

If pressed to make one buy recommendation (other than farm accommodate and/or distressed pure estate), I would still harvest gold. Make no mistake; all the remuneration of gold needs to do is stay about the duplicate and 9.

Opportunity for Gold Investments: Gold Stocks Sell Off, While Spot Price Hangs Tough

If pressed to make one buy advocacy (other than farm sleep and/or distressed pure estate), I would still pick gold Make no mistake; all the emolument of gold needs to do is stay about the same and 99% of gold miners cede be manufacture money drudge over fist

I affection declaiming the headlines on gold They are always overblown. gold prices slammed by Brazil standard walk Well, not really The mark charge only went down a little degree wise. Frankly, I hold a veritable fatiguing occasion with headline writers Everything now is a formula for your eyeballs Dont suppose everything you read

Consider Barrick Gold Corporation (NYSE/ABX), which is off nearly 10 points from its gone 52-week high. Here is one of the top senior gold producers in the world, which has an meritorious long-term path inventory of generating wealth for shareholders Consensus stipend estimates predict insolvable nodule for the successive several years and the gang pays a dividend This cows actually looks extraordinary rather priced now

Then theres Goldcorp Inc. (NYSE/GG), which isnt quite a big as Barrick This squad besides pays a dividend to shareholders, has strong protuberance expectations for both revenues and earnings, and is down about nine points from its past high.

Its besides the identical data with Newmont Mining Corporation (NYSE/NEM), another large-cap producer Yielding about the corresponding as GG and ABX, this beasts is down about 10 points from its gone high and stipend are looking remarkably strong for 2010 and 2011.

My elite guess is that the iota emolument of gold leave actually trade around its existing sort for most of this year (barring any major new shocks) and this doesnt needle me A pile of resource stocks obtain been sold off in gone weeks for the sole purpose of profit receiving When it comes to precious metal equities, institutional investors do have a herd mentality

There are a stack of reasons you can iterate in forging the situation for strong gold prices The biggest one in my disposition is debtsovereign debt in Europe and the United States. Eventually, someone is going to own to stipend for all this re-inflation and debt financing Unless there are some serious spending cuts in government budgets, investors wont really lack to own US dollars. In any event, gold is a admireable asset in any investment portfolio The venture in the rampant market is that great