Since the whole Maple Leafs team is now talking about Gold, let’s look at the long term history of this precious metal
The following is the monthly chart since 1975… the 900,1000 level seems to be sucking it up…
Chart is a courtesy of Prophet.net.
Would you have done better just investing on the S&P or Dow Jones index?
Not sure how to capitalize on this trend?
You have many instruments available that can be used to capitalize on this trend including futures, options, stocks and ETFs… The easiest ones in my opinion are stocks and ETFs. If you want to invest in a gold ETF look no further than GLD or IAU.
Not sure which Gold Mining stock to choose? This may help
The following are the top 9 biggest capitalization stocks in the Gold Mining industry. The numbers in red represent their performance rank when compared to their peers and industry. (click the picture to view it bigger)
The performance chart below shows that Kinross Gold was the top performer, followed by Barrick and Goldcorp. (click the picture to view it bigger)
Chart is a courtesy of StockCharts.com
But, how fundamentally sound are these stocks? Let’s check using our TradeForGain score:
| Gold Miner (comments) |
TFG Score | Revenue / Earnings |
| Barrick (ABX) very profitable |
60/90 |  |
| Goldcorp (GG) missed last year |
60/90 |  |
| Newmonth (NEM) profits are diminishing? |
72/90 |  |
| Kinross never profitable? |
66/60 |  |
| Anglogold (AU) profit drop |
54/60 |  |
| Kinross (KGC) | 66/90 |  |
| Yamana (AUY) | 77/90 |  |
The top scores are Yamana (AUY) and Nemont (NEM). Not a gold stocks expert? No problem, just pick the most fundamentally and highly scored stock… They are ‘usually’ the top performers….
Good Luck!
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