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Sunday, July 28, 2013

Best Gold Stocks 2009



October 3, 2009 by · Leave a Comment 

Some of the best gold stocks 2009 are what the big mutual funds are investing in. The USAA precious metals and mineral fund has AngloGold Ashanti Limited ADR, Randgold Resources Ltd. ADR and Newcrest Mining Limited as three companies that are in the top four stock assets for their fund. This is a total of 14.65% of the fund as a whole. This fund also has had a 1 year return of 32.76%. These three would be a great start to your gold stock portfolio.

Another approach would be to look at the values of the current gold mine company stocks. The Agnico-Eagle Mines Ltd with a stock price of $72.77 is at the highest on the current market. This company is a well established company with large proven reserves and potential. The second highest gold mining stock is from Newmont Mining Corp. with a price of $47.21 per share. Again this is a company with well established company with large reserves and potential. Barrick Gold Corp. with a stock at $40.65 is the largest gold mining company in the world. Even when this company made a bad investment like it did last year with an oil company, they still have a stock price in the top 5 of all gold mining companies.

There are other ways of investing in gold. Many investors hold gold bullion or gold coins. The best gold coin to invest in is the Gold American Eagle, closely followed by the Krugerrand of South Africa.

These are several was to do gold investing, the best gold stocks 2009 are just one way.

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