Gold investing involves buying gold bullion, or shares of gold-mining companies.
When you invest in gold stocks, look at how long the company’s reserves are likely to last. Those with low reserves will need to have consistent future success in their exploration programs to prolong the production of their mines. That success is far from guaranteed.
Even if the company has strong reserves, the best gold stocks with the least risk also have a diversified reserve base. That way they are not dependent on a single mine’s production or political stability in any one country. Top gold companies can also increase their reserves by making acquisitions.
Gold investing through bullion does not generate income. Instead, bullion and coins come with a continuing cash drain for management, insurance, storage and so on. We think you should limit your gold investments to gold-mining stocks. Unlike bullion, gold-mining stocks at least have the potential to generate income.
So, in our view, the best way to profit from gold is by investing in the stocks of gold-mining companies. That way, you benefit from increases in the price of gold, and you give yourself the potential for capital gains and income.
The best gold stocks will generate positive cash flow even with low gold prices—and also offer rising production outlooks.
Due to their volatile nature, we continue to recommend that gold stocks only make up a limited portion of your portfolio’s Resources segment.
At TSI Network, we recommend using our three-part Successful Investor philosophy:
Invest mainly in well-established companies;
Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; the Consumer sector; Finance; Utilities);
Downplay or avoid stocks in the broker/media limelight.
Investing in gold: gold shares, gold bullion or gold in your RRSP—which is best?
At TSI Network, we’ve long recommended that you stay away from buying gold bullion, coins (unless you collect them as a hobby) or certificates representing an interest in bullion. If you are… Read More
Investing in top Canadian gold mining companies can lead to resource-sector gains, but be sure to use our tips to choose wisely
All gold investments, even high-quality gold-mining stocks, are heavily influenced by gold prices. That’s why you should limit them to a reasonably small part… Read More
Investing in stock market futures for tomorrow can turn a modest stake into a fortune, but the odds favour the professionals and in reality you are likely to suffer big losses
When you buy or sell a futures contract, you commit yourself to buy or sell… Read More
The best Canadian gold companies will generate positive cash flow even if gold prices retreat
Most Canadian gold companies’ shares will continue to be heavily influenced by the direction of gold prices. Meanwhile, though, the best gold stocks will generate positive cash flow even with low… Read More
What is the best way to invest in gold? Are gold mining stocks a good investment? Discover for yourself in this quiz on gold investing
Are gold mining stocks a good investment? The best gold stocks will generate positive cash flow even with low gold prices—and… Read More
When investing in gold mining stocks, reduce your risk by buying into stable companies at sustainable prices.
Is investing in gold mining stocks on your mind? We don’t see gold as an essential part of a sound portfolio, and, in fact, gold investing is a poor… Read More
A: We don’t see golds as an essential part of a sound portfolio, and, in fact, gold investing is a poor choice for most investors. For one thing, it involves considerably more guesswork than other aspects of investing.
The markets for widely traded goods like gold… Read More
Before we discuss ways you might include gold investing in your RRSP, let’s look more closely at price fluctuations.
Gold is the only commodity that rarely if ever gets permanently lost or consumed. This means that virtually every ounce of the metal that has ever been produced may one… Read More
There are a variety of ways to invest in gold, including gold bullion. However, we think the best way to invest in gold is through mining stocks—especially if their mines offer rising production and cash flow
Stocks can be analyzed with various measures of value such… Read More
Rising copper prices are paying off for this Canadian junior minor, owner of the world’s largest copper operation.
The company has stepped up its output to meet demand from growing global economies as well as electric cars and charging stations. And the stock’s share price has… Read More
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