When legendary resource investor Rick Rule names a stock pick, we listen.
His track record is nothing short of impressive. In fact, Rule is known for having the "Midas Touch" on Wall Street.
He's brokered incredible opportunities with massive returns, including:
- 10,614% on Arequipa Resources...
- 7,900% on Pan American Silver...
- 7,400% on Tenke Mining...
- 6,567% on Aurelian Resources...
Rule is the president and CEO of Sprott U.S. Holdings Inc., a global merchant bank and investment manager focused on natural resources and precious metals.
He's spent decades dedicating his life to natural resource securities investing, and he's amassed a vast network of elite contacts in the industry along the way.
And he recently spoke with Kitco News about where he would put $100,000 in 2018 - specifically, which gold mining companies are at the top of his list...
Here's Where Rick Rule Would Put His Money
Rick Rule is looking at the cream of the crop of silver and gold mining companies in 2018.
"I see gold as a fundamental investment and insurance for your portfolio," he said.
Specifically, Rule would look to "'the best of the best' top-tier performers," Rule told Kitco.
Those top-tier performers include Randgold Resources Ltd. (ADR) (Nasdaq: GOLD), Franco Nevada Corp. (NYSE: FNV), Wheaton Precious Metals Corp. (NYSE: WPM), and Agnico Eagle Ltd. (NYSE: AEM).
Randgold, for example, has gained a whopping 32% since January and also has paid out an increasing dividend for the past decade. Right now, Randgold's dividend yield is 1.06%.
And that dividend is on the low end of this list. On top of that, all but one have beaten the markets over the past year. Add in their excellent management and basis in time-tested precious metals, and you have a recipe for stable income and market-crushing growth.
Finally, Rule told Kitco the primary factor he's looking at when evaluating miners...
"Look at the people with very strong cash flow coming in 2018," said Rule. "We are entering a market that I think is going to surprise a lot of people to the upside."
Up Next: Rare Gold Anomaly
Money Morning Executive Editor Bill Patalon just caught something on his gold charts that he's only seen twice in the past 20 years. A $13 billion gold anomaly he calls the "Halley's Comet of investing."
It's very rare, and fleeting, and Bill sees things lining up perfectly to bring some very sizeable precious metal profits to well-positioned investors.
Click here to check out his research...
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