Buy gold or gold miners? You don’t have to dig deep to hit paydirt. If you want to bet on gold in coming weeks and months, you may want to favor gold-mining shares over gold bullion. AFP/GETTY IMAGE Gold bullion — physical gold GC00 — has outperformed gold-mining company shares over the past three years by one of the largest margins in decades. Gold recently hit a new all-time high above $2,200 an ounce, while the PHLX Gold/Silver Index XAU is below where it stood three years ago — as you can see in the chart below. This is good news for gold-mining shares, since historically they have performed well following periods in which they have significantly lagged bullion. Michael PiccoiniStrategic Planning, Leadership & Analysis Professional with a background in healthcare, manufacturing and retail. I have a strong understanding of the complex world of revenue Management and how to make it more relevant, understandable, and actionable for executive leadership across all levels of an organization. My career has spanned several years at UnitedHealth Group, Inc. I obtained my B. Comm from the University of Windsor and MBA from Wayne State University « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation Is Down but Don't Thank the Fed READ MORE Banking Crisis 2.0? NYCB Stock Down 60% in One Week READ MORE Samsung: 2024 Key Commodity Market Outlook READ MORE Argentina Eyes Economic Stability Through Dollarization: A Comparative Analysis READ MORE Oil Prices Reach 8-Week Highs: U.S. Stockpile Drop and China's Stimulus Fuel Surge READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
