gold prices

IAMGOLD $7.67 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold.com; Shares outstanding: 450.7 million; Market cap: $3.6 billion; No dividends paid) owns 41% of the Sadiola mine in Mali; 90% of the Essakane mine in Burkina Faso; 100% of the Westwood mine in Quebec; and 95% of the Rosebel mine in Suriname....
The best mining stocks are steady, profitable, and well-financed companies
Dear Inner Circle member,

In investing, it pays to avoid relying on predictions. Successful predictions can pay off enormously, of course. But nobody can consistently or even frequently predict the future in individual stocks or the market. The more your investment success depends on reliable predictions, the greater the risk you face.

On the other hand, it’s possible to assess investment conditions in a general sense....
NEWMONT MINING CORP. $37 (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 533.3 million; Market cap: $19.7 billion; Price-to-sales ratio: 2.8; Dividend yield: 0.8%; TSINetwork Rating: Average; www.newmont.com) is one of the world’s largest gold and copper producers....
My wife and I recently visited Oslo, Norway, to attend a wedding. After that, we stopped in Stockholm and Copenhagen. The wedding was of course the main event, but one thing that really sticks in my mind was our visit to the Vasa Museum in Stockholm.

The Museum’s main attraction is a single, unique exhibit: the salvaged and restored wreckage of the Vasa, a 64-gun Swedish warship that sank in Stockholm harbour in 1628....
NEWMONT MINING $36.87 (New York symbol NEM; Shares o/s: 533.2 million; Market cap: $19.7 billion; TSINetwork Rating: Average; Divd. yield: 0.8%; www.newmont.com) is a major gold and copper producer, with mines in the U.S., Peru, Suriname, Australia and Ghana.


In the three months ended June 30, 2017, revenue rose 12.3%, to $1.88 billion from $1.67 billion a year earlier....
In 2011, gold shot up to a high of $1,950 U.S. an ounce, and silver reached a peak of $48.58.


Gold prices then fell steadily, dropping to $1,050 an ounce in December 2015 for the first time since early 2010. Silver also declined to a five-year low of $13.65 an ounce.


Gold now trades at $1,226 and silver at $16.00....
HECLA MINING $5.30 (New York symbol HL; TSINetwork Rating: Extra Risk) (208-769-4100; www.hecla-mining.com; Shares outstanding: 396.0 million; Market cap: $2.1 billion; Dividend yield: 0.2%) explores for, mines and processes silver and gold in the U.S., Canada and Mexico.


Most of the company’s silver output comes from three sites: the Greens Creek mine in Alaska; the Lucky Friday project in Idaho; and the San Sebastian mine in Mexico....

There are many ways to invest in gold. But we think the best gold stocks are your safest bet.


We recommend that gold investments only make up a limited portion of your portfolio’s resources segment.


However, if you want to hold gold shares, then here are some tips to help you pick the best gold stocks on the market.













Hidden value, explosive profits


Big gains often rise from hidden value....
YAMANA GOLD $3.83 (Toronto symbol YRI; TSINetwork Rating: Speculative) (416-815-0220; www.yamana.com; Shares outstanding: 1.0 billion; Market cap: $3.6 billion; Dividend yield: 0.7%) owns and operates six gold mines, in Canada, Mexico, Brazil, Chile and Argentina....