In short, here's a bigger, leaner Barrick Gold in the making, which is why the gold stock looks good at a price-to-cash flow less than 9. This gold stock could spring a surprise in 2019 The result of all this is herd behavior. When gold prices go high, gold miners invest a lot of money in new mines and acquisitions. But when gold prices fall, it makes those investments turn out very bad. It’s like they never account for the possibility that high gold prices might be brief, and usually are. The other obvious advantage of investing in stocks as opposed to gold is that with predictable earnings come rational stock price movements. If a stock moves, it generally is for an explainable or rational reason, up or down. If a company says business will be slow next month, it would make sense as to why its stock price might fall. If a company beats earnings estimates, a stock price increase makes sense. Gold moves for many reasons, and none of them makes any rational sense. Similarly, there are all sorts of ratios – price-earnings, price-book value, price-enterprise value, etc. – that investors use to gauge whether a stock is a steal or a ripoff.
The answer depends partly on how you invest in gold, but a quick look at gold prices relative to stock prices during the bear market of the 2007-2009 recession provides a telling example. Between Nov. 30, 2007, and June 1, 2009, the S&P 500 index fell 36%. The price of gold, on the other hand, rose 25%.
The gold price and gold stocks have bounced back in recent days, even as the stock market has remained volatile. The gold price rose to $1,660 an ounce on Thursday, just off last month's seven In short, here's a bigger, leaner Barrick Gold in the making, which is why the gold stock looks good at a price-to-cash flow less than 9. This gold stock could spring a surprise in 2019 The result of all this is herd behavior. When gold prices go high, gold miners invest a lot of money in new mines and acquisitions. But when gold prices fall, it makes those investments turn out very bad. It’s like they never account for the possibility that high gold prices might be brief, and usually are. The other obvious advantage of investing in stocks as opposed to gold is that with predictable earnings come rational stock price movements. If a stock moves, it generally is for an explainable or rational reason, up or down. If a company says business will be slow next month, it would make sense as to why its stock price might fall. If a company beats earnings estimates, a stock price increase makes sense. Gold moves for many reasons, and none of them makes any rational sense.
Similarly, there are all sorts of ratios – price-earnings, price-book value, price-enterprise value, etc. – that investors use to gauge whether a stock is a steal or a ripoff.
Barrick Gold Stock Is Up After Strong Earnings and a Dividend Hike The world’s second-largest gold-mining company said it earned an adjusted 17 cents per share on $2.88 billion in revenue in the Get the latest Gold price (GC:CMX) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? are not related to The NASDAQ Stock The answer depends partly on how you invest in gold, but a quick look at gold prices relative to stock prices during the bear market of the 2007-2009 recession provides a telling example. Between Nov. 30, 2007, and June 1, 2009, the S&P 500 index fell 36%. The price of gold, on the other hand, rose 25%. The gold price and gold stocks have bounced back in recent days, even as the stock market has remained volatile. The gold price rose to $1,660 an ounce on Thursday, just off last month's seven
In short, here's a bigger, leaner Barrick Gold in the making, which is why the gold stock looks good at a price-to-cash flow less than 9. This gold stock could spring a surprise in 2019
Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the gold industry by buying stocks of companies engaged in the exploration and mining
Each share of the ETF represents one-tenth of an ounce of gold. For example, if gold is trading near $1,300 an ounce, the gold ETF will trade for approximately $130 per share.
Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the gold industry by buying stocks of companies engaged in the exploration and mining Barrick Gold Stock Is Up After Strong Earnings and a Dividend Hike The world’s second-largest gold-mining company said it earned an adjusted 17 cents per share on $2.88 billion in revenue in the Get the latest Gold price (GC:CMX) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? are not related to The NASDAQ Stock The answer depends partly on how you invest in gold, but a quick look at gold prices relative to stock prices during the bear market of the 2007-2009 recession provides a telling example. Between Nov. 30, 2007, and June 1, 2009, the S&P 500 index fell 36%. The price of gold, on the other hand, rose 25%. The gold price and gold stocks have bounced back in recent days, even as the stock market has remained volatile. The gold price rose to $1,660 an ounce on Thursday, just off last month's seven In short, here's a bigger, leaner Barrick Gold in the making, which is why the gold stock looks good at a price-to-cash flow less than 9. This gold stock could spring a surprise in 2019