If You Want to Hold Gold (and You Should), Here's What to Buy – and How to Buy It

In our mid-February special research report "Before Gold Prices Surge, Invest in the Savviest Gold Miner on Earth," we told folks to grab shares of Goldcorp Inc. (NYSE: GG). That's one of the metals sector's top "senior miners," and a company whose finances were much stronger than most of its brethren.

The trade has worked out great. Goldcorp has risen as much as 37% since our report, and the stock is up 64% year to date.

And if you're willing to take the long view - and ride out the volatility we're sure to see - there's more to come. There's plenty of financial, economic and governmental uncertainty out there, bolstering the likelihood that we'll see plenty of mischief in the global marketplace in the months to come.

  1. MCCORMICK45309 | May 15, 2016

    Precious Metals are subject to near term pressure on the FED raising interest rates what may be two different times over the next few months. I think with the VIX still extremely low that prudence would dictate using low cost put butterfly positions for downside protection through the time of the FED 9/21 meeting. Put the buy leg in at a 5-10% below market price level and position the sell leg and the bottom buy leg to minimize premium but to avoid any net short position arising.
    J.Mack

  2. Sue Klinker | May 15, 2016

    Thanks for the info. I'm always looking to learn more. Knowledge guides me in choice making.
    Sue

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