Gold picks for 2011

Article Excerpt

Gold is trading near all-time highs — and could go higher. That’s because many investors fear that artificially low interest rates and high government budget deficits will spur inflation. We still think the best way for aggressive investors to profit in gold is through junior miners that are raising production by adding new mines. Here are four examples: New Gold $9.33, Toronto symbol NGD, operates three mines, with a fourth expected in 2012. Buy. European Goldfields $14.08, Toronto symbol EGU, has one mine in Greece and is nearing final approval on two more. Buy. Yamana Gold $12.37, Toronto symbol YRI, has five advanced-stage development projects to go along with its six mines. Buy. Northgate Minerals $3.08, Toronto symbol NGX, operates one mine in Canada and two in Australia. Its Young-Davidson mine will become its fourth mine. Buy. Buy…