by Fred Fuld III
Why invest in gold?
It may have bottomed out on a short term basis.
Inflation is on the horizon.
Provides diversification by asset type.
It provides protection against a falling dollar.
It is used in the tech industry.
What are some the the best gold mining stocks?
All of the following stocks have a trailing price to earnings ratio of less than 15, a forward P/E ratio of less than 15, and pay a dividend with a yield of at least 2%.
| AngloGold Ashanti Limited | AU |
| Caledonia Mining Corporation Plc | CMCL |
| DRDGOLD Limited | DRD |
| Gold Fields Limited | GFI |
| Harmony Gold Mining Company | HMY |
| Kinross Gold Corporation | KGC |
| Sibanye Stillwater Limited | SBSW |
Caledonia is based in the United States, Kinross is based in Canada, and the rest are based in South Africa.
Hopefully, one of these gold mining stocks will make your portfolio shine.
Disclosure: Author didn’t own any of the above at the time the article was written.