Which Gold Mining Stock Will Thrive No Matter What Happens?
Despite falling steadily since June, the price of gold is still up more than 7% year to date. And the upward movement may well continue as fear and volatility creep into the market in reaction to various controversies unfolding outside of Wall Stree. This bodes well for gold miners, whose stocks usually climb with rising gold prices.
Of course, this doesn't mean that all gold miners would make wise investments now. In my view, investors would most benefit from going with an industry leader, the only gold company on the S&P 500: Newmont Mining Corp. (NYSE: NEM).
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Source: Fool.com
