In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
You probably already know that gold has been one of the best investments in the world over the past decade. Investing in Gold Miners would be the best income prospect of 2013. A better way to get investment exposure to gold is by investing in gold mining companies’ a number of companies specialize in processing, mining, and distribution of this cherished metal.
The GOLD miners are cheap, and the snag is insignificant… and the income you possibly will collect from selling options against your shares is enough to produce enormous returns on your investment even if they don’t move up anymore.
The idea at work here is simply a no-brainer; you buy a Gold Miner at a dirt-cheap price and then sell to someone else the right to buy the stock from you at a better price. (Selling covered calls against these Gold Miners). You end up making a net profit up front for selling that “right,” and the money appears in your account instantaneously.
Making one simple move you can turn the tables. It’s a tactic that worked last year fantastically…, and I am sure it’ll work well again this year too.
Now these are what I call Gold Mines literally, let us know if you have something else in mind by dropping a few lines in the Comments Box below.
It’s time to load up Gold Miners again, however I’m not revealing any secrets about the largest and most closely-followed miners in the world, here is a list of Top Gold Miners with their tickers that you must consider investing, It is beyond the scope of this article to get into depth of these plays I have just highlighted the trivialities.
Why invest in Randgold Resources Ltd (GOLD) ?
Randgold Resources Ltd conducts gold mining operations in regions throughout the gold regions of Africa. Listed on the London Stock Exchange in 1997, has their main operations in Mali, headquartered in Jersey, also listed on NASDAQ.
In the last 52 weeks, Randgold Resources have traded between a high of $127.27 and low of $70.18 and are now at $95.04, which is 35% above its lowermost. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has risen 0.2%.
Why invest in Barrick Gold Corp (ABX) ?
With 12,400,000 Ounces of established and apparent gold reserves, and cash costs of $511 per ounce Barrick Gold Corp is the industry leader in production, reserves and market capitalization, if you love gold Barrick Gold is the best bet, as a huge miner of the yellow stuff.
Why invest in Newmont Mining Corp (NEM) ?
Newmont Mining Corporation was founded by Colonel William Boyce Thompson as a holding company for their private acquisitions in gas, oil, mining and minerals Enterprises Company.
Newmont Mining Corporation has spent almost 90 years predominantly in the natural resources industry – mining gold, silver, copper, zinc, lead, uranium, lithium, nickel, coal and aggregates, while experimenting in oil and gas as well, publicly traded on the New York Exchange since 1940.
Why invest in Compania de Minas Buenaventura (BVN) ?
Buenaventura SA (BVN) is predominantly a metals mining company with a broad business platform in, development, processing, and exploration of precious metals like gold, which is on the rise at preposterous scales.
They also focus on base metals, which are expected to grow at a rate of 30% by 2016, according to Morgan Investment Research, with major projects in the pipeline and solid joint venture businesses with leading mining companies they have been paying dividends twice a year for the past 10 years in a row.
Investors in search of gold investments surely cannot go wrong with their money in Compania de Minas Buenaventura.
Why invest in Gold Fields Ltd (GFI) ?
Gold Fields Limited primarily involved in underground and surface gold and copper mining and related activities, was formed in 1998 with the amalgamation of the gold assets of Gold Fields of South Africa Limited and GenCorp Limited.
One of the world’s largest, listed on both the Johannesburg Exchange (JSE) and the New York Exchange (NYSE) . . . has interests in a platinum group metal exploration project in Finland.
The mining sector was down 11% in the last year, making a cumulative loss of over 24% in the past two years. Yesteryear was the first year of back-to-back losing streak, making an impeccable case for investing in Gold Miners. Since the gold bull market that kicked off 12 years ago.
Come what may, I think we are not going to see a third year of losses in a row. I believe the game is not over, yet in fact I am quite sure gold will outperform this year, and this very well could be the beginning of a multi-year bull market.