Just like stocks and bonds gold is not a fool proof investment as the metal s price fluctuates based on a myriad of factors in the global economy.
What gold and silver stocks to invest in.
Gold and silver are very safe long term investments.
For the mining companies higher prices for gold and silver ensure higher profit.
Increased profits will always offset their cost.
It s good to invest in gold and silver stocks but you would need to focus on pure gold or silver players the mining companies and an in depth research is necessary.
Sbgl is easily one of the most compelling names among gold and silver stocks as the name suggests sibanye is a top gold producer.
Here are the silver stocks with the lowest 12 month trailing price to earnings p e ratio in the sector.
Gold stocks as represented by the vaneck vectors gold miners etf have dramatically outperformed the broader market as gold prices have risen gold stocks have provided investors with a total.
Learn different ways that you can invest as well as risks and whether it s a good idea for you.
Silver stocks with the best value.
In other words if the stock market is rising gold and silver are generally flat or down.
Silver is sometimes called the poor man s gold but investing in silver isn t just a cheap gold proxy.
Gold is a big deal but did you know you can invest in silver too.
That said these assets have an inverse correlation to world markets.
Silver is about 1 5 times more volatile than gold says frank holmes ceo and chief.
But in the end your portfolio should be constructed in a way that will help you attain your long term financial goals.
The answer depends partly on how you invest in gold but a quick look at gold prices relative to stock prices during the bear market of the 2007 2009 recession provides a telling example.
A personal favorite sibanye gold nyse.
Gold exchange traded funds etfs are a more convenient and cost effective means of investing in gold stocks especially for those who lack the inclination or time to research specific gold companies.