What's good gold stock to invest?
Question:
HOW ABOUT GLD.
FCX. Freeport Mcmoran Copper and Gold. They just purchased another company and the acquisition went very well. The stock is climbing.
IAU, go direct. It is the Ishares gold commodity ETF.
How long are you holding the stock and how much risk can you take?
None. Gold stocks should be bought when gold is below $320 an ounce. Today, gold is at $630...
A large an prosperous gold mining company is ABX. But if the price of gold falls which is not beyond the relm of possiblity there is not a gold stock that you will want to own.
GLD
SLV if you are also into silver
IGT ...forever solid.
...i think there is alot of money to be made real soon on SIRI or XMSR, one of those two has the potential to be the next yahoo...but it's gonna take some balls and some time.
GG - Goldcorp
They have the cheapest method to extract gold.
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