Skepticism toward central banks’ ability to stimulate the economy through extraordinary monetary policies has helped to inaugurate a new bull market for gold. We highlight one of our favorite mining stocks for aggressive investors.
Skepticism toward central banks’ ability to stimulate the economy through extraordinary monetary policies has helped to inaugurate a new bull market for gold. We highlight some of our favorite mining stocks for aggressive and conservative investors.
After an unprecedented period of accommodative monetary policy, legitimate questions have emerged about this tool’s effectiveness in combating stress in the global economy and credit markets. If the market starts to question the visible, steadying hand of monetary policy, global equity markets could struggle mightily—and gold could outperform.
With exchange-traded funds still selling bullion and India's gold demand under pressure, investors shouldn't regard growing concerns about the global economy as a cue to pile into the yellow metal. Freeport McMoran Copper & Gold's (NYSE: FCX) low production costs and above-average dividend yield make the stock a solid bet for deep-value investors with a longer time horizon.
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